🍀Ingersoll Rand and Mitsubishi Electric Corporation to Establish Joint Venture for Ductless and Variable Refrigerant Flow Heating and Air Conditioning Systems in the U.S. and Select Latin America Countries
Swords, Ireland and Tokyo, Japan, – Jan. 17, 2018 — Ingersoll-Rand plc (NYSE:IR), a world leader in
creating comfortable, sustainable and efficient environments, and Mitsubishi Electric Corporation
(TOKYO: 6503), a leading manufacturer of technologically advanced ductless and variable refrigerant
flow (VRF) heating and air conditioning systems, are pleased to announce they have entered into an
agreement to establish a 50 percent-50 percent joint venture (JV) pending global antitrust review.