# Ingersoll Rand and Mitsubishi Electric form joint venture for HVAC systems

Ingersoll-Rand plc and Mitsubishi Electric Corporation have agreed to establish a 50-50 joint venture for marketing, sales and distribution of ductless and VRF heating and air conditioning systems in the U.S. and select Latin American countries, pending antitrust review.

- Type: Partnership
- Announced: 2018-01-17
- Where: United States and select Latin America countries, United States
- Status: announced
- Products: ductless heating and air conditioning systems, variable refrigerant flow systems
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Ingersoll Rand](https://endata.com/companies/1905.md) (partner)
- [Mitsubishi Electric](https://endata.com/companies/2378.md) (partner)

## Sources

- [mitsubishicomfort.com](https://www.mitsubishicomfort.com/press-releases/ir-me-announcement), 2018-01-17: "We are pleased to enter into a new joint venture with Mitsubishi Electric US."
- [investors.tranetechnologies.com](https://investors.tranetechnologies.com/news-and-events/news-releases/news-release-details/2018/Ingersoll-Rand-and-Mitsubishi-Electric-Corporation-to-Establish-Joint-Venture-for-Ductless-and-Variable-Refrigerant-Flow-Heating-and-Air-Conditioning-Systems-in-the-US-and-Select-Latin-America-Countries/default.aspx), 2018-01-17: "We are pleased to enter into a new joint venture with Mitsubishi Electric US."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.