Mitsubishi Electric and Ingersoll Rand form joint venture for ductless and VRF systems

Mitsubishi Electric Corp. and Ingersoll Rand agreed to establish a 50-50 joint venture to market, sell, and distribute ductless and VRF HVAC systems in the U.S. and select Latin American countries. The JV will serve both Ingersoll Rand's Trane and American Standard channels and Mitsubishi Electric's existing distributors.

“It’s exciting for the industry.”digital.achrnews.com

• 1 source
• digital.achrnews.comNEWS • February 26 2018 • Mitsubishi Fills Marketplace GapsNicole KrawckeFeb 22, 2018

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