Ingersoll Rand and Mitsubishi Electric form joint venture for ductless HVAC

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

“We are pleased to enter into a new joint venture with Mitsubishi Electric US.”contractingbusiness.com

• 1 source
• contractingbusiness.comIngersoll Rand, Mitsubishi Electric Corp. Embark on Joint Venture for Ductless & VRF HVAC Systems | Contracting BusinessMar 26, 2018

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