Copeland will hold a majority share in the joint venture with Daikin Industries Ltd. The partnership will sell inverter swing rotary compressors in the U.S. residential HVAC market.
The agreement includes official naming rights, other partnership benefits, and opportunities to give back to the Houston community through educational programming and youth sports development in underserved communities.
Daikin’s North American subsidiaries employ more than 22,000 employees across 25 manufacturing facilities dedicated to providing innovative and sustainable HVAC solutions throughout the U.S. and Canada.
The Residential Cold Climate Heat Pump Technology Challenge aims to foster collaboration among manufacturers, utilities, and other stakeholders to develop next-generation heat-pump technology capable of delivering reliable and energy-efficient heating in extreme winter conditions.
Up to 30 Daikin Fit inverter heat pumps will be provided to households with low and moderate incomes, including to many senior citizens, in homes renovated through the Houston Housing and Community Development Department’s home repair program,
A new survey released by Daikin studied the opinions and habits of more than 1,200 people from 12 cities across the globe when it comes to their a/c systems.
Daikin plans to use a grant from the U.S. Department of Energy to create about 275 new jobs, expand its inverter heat-pump offerings to include air-to-water systems, and lead the evolution of heat-pump technology, a press release from the company said.