Carrier Asia Ltd. is acquiring a minority stake in Chongqing Midea General Refrigeration Equipment Co. Ltd., an extension of its long-term strategic partnership with Midea Group Co. Ltd.
At a press conference at the AHR Expo, Meredith Emmerich, general manager, ductless and VRF systems, Carrier Corp., announced the company’s expansion in the ductless business.
Carrier Corp. made a minority equity investment in ecobee Inc., marking an expansion in the parties’ strategic relationship following their collaboration to create the new Wi-Fi-enabled Carrier® Côr™ thermostat.
The addition of variable-speed condenser fans and variable-speed screw compressors allows the AquaForce 30XA chiller with Greenspeed Intelligence to match load conditions, delivering exceptional part-load performance.
The partnership combines CEIVA’s HEMS with the Carrier smart ComfortChoice Touch thermostat to provide enhanced intelligence and control for both utility companies and homeowners.
Two years after Carrier entered into an agreement with EOS Climate Inc. to ensure responsible end-of-life management of used refrigerants, the program has prevented 111,000 metric tons of greenhouse gas emissions, equivalent to removing 23,000 passenger vehicles from the road for a year.
Carrier was recently allocated a $5.1 million Qualifying Advanced Energy Project tax credit (Project Credit) to expand production at its Indianapolis facility to meet increasing demand for its high-efficiency gas furnace line.