Daikin plans AC factory near Tokyo.
Daikin is to build a new JPY20 billion (US$140m) residential air conditioning factory near Tokyo to satisfy home demand.
In 2022, heat pumps accounted for 26% of the business.
A new survey of German plumbing, heating and air conditioning installers found that heat pumps accounted for about 26% of their business in 2022.
Daikin subsidiary buys Seattle companies.
AirReps, the Washington-based subsidiary of Daikin Comfort Technologies North America has acquired Seattle based companies Integrated Systems and Controls LLC and InControl.
Daikin, other Asian players lead U.S. race for heat pumps.
U.S. policy to promote energy-saving heat pump systems is providing tail winds to Daikin and other Asian players.
Daikin expands experience centers in Europe.
BELGIUM: D [...]