# 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.

- Type: Partnership
- Announced: 2018-02-22
- Where: United States
- Status: announced
- Products: ductless air conditioners, variable refrigerant flow (VRF) systems, heat pumps
- 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

- [digital.achrnews.com](https://digital.achrnews.com/articles/mitsubishi-fills-marketplace-gaps), 2018-02-22: "It’s exciting for the industry."

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