Copeland and Daikin announced a joint venture to bring Daikin's inverter swing rotary compressor technology to the U.S. residential HVAC market, expected to be operational in the first half of 2025 pending approvals. The companies intend to establish a North American manufacturing facility in the future.

Voltas proposed a Rs 500 crore compressor plant in partnership with China's Highly International, which has not yet received government clearance. The article is dated 1 January 2023.

Flowserve and Chart Industries signed an agreement under which Flowserve acquires in-process R&D for Chart's liquid hydrogen fueling pump and will be its sole manufacturer and supplier once commercial production begins.

Voltas plans a Rs 500 crore compressor plant near Chennai as a joint venture with Highly International, pending government clearance; the JV will also sell to other brands and export.

Voltas plans a Rs 500 crore compressor plant near Chennai as a joint venture with China's Highly International, which is awaiting government clearance under Press Note 3 and PLI approvals.

Johnson Controls and funds managed by Apollo Global Management announced a strategic partnership offering performance-based energy efficiency and smart building services with subscription-style fees to customers in the United States and Canada.

Sanhua named Al-Ameen Dev. & Trade Co., a refrigeration distributor with 10 branches in Saudi Arabia, as its official distributor for its refrigeration and air conditioning valves and components.

Viessmann formed a strategic partnership with Netherlands-based climate and process control company Priva and acquired a minority interest in it, to develop smart climate solutions for buildings and horticulture.

Marelli and Shanghai Highly signed a memorandum of intent to form a joint venture operating Marelli's compressor and HVAC business, with a definitive agreement targeted for January 2020.

Sanden International and Unicla International signed a strategic alliance under which Unicla's heavy-duty compressors will be co-branded and sold through Sanden's global distribution network. The alliance was finalised in February 2018.

Bristol Compressors International and DHX Electric Machines announced an exclusive global strategic partnership to develop next-generation HVAC/R compressor technology using DwHX electric motors. The announcement was made on January 18, 2018.