Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Toshiba, Carrier to Expand Air-Conditioning Partnership
Nov 29, 2005
 Printable format
 Email this Article
 Search

Toshiba Corp. plans to expand its partnership with Carrier Corp, the world's largest air conditioner manufacturer, the Nihon Keizai Shimbun reported.

The pair currently have a joint venture, Toshiba Carrier Corp, in which Toshiba owns 60 percent and Carrier 40 percent.

The newspaper said that by 2008 Carrier will increase the number of staff it has selling Toshiba-brand air conditioners in Europe and China by 40 percent, to 700.

The pair may also set up a new sales joint venture in China.

Toshiba Carrier also plans to start production of air conditioners in China by early next year at a joint venture with Chinese home appliance maker GD Midea Holding Co, the newspaper reported.

It said Toshiba aims to boost overseas sales of its air conditioners to 100 billion yen (approx. U.S. $838 million) in fiscal 2008, double fiscal 2004. (Forbes.com)

Back to Daily News

 

Daily News

...........................................................

Nov 25, 2014: Robotics Exhibits Grow 25% at 2015 CES

Nov 25, 2014: Index shows HVAC/R contractors more positive than last year

Nov 25, 2014: Consumer Confidence Index Declines

Nov 25, 2014: Existing home sales up in October

Nov 25, 2014: CEA: confidence in technology spending up in November

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

November 2014: U.S. Appliance Industry: Market Value, Life Expectancy & Replacement Picture 2014
October 2014: Portrait of the European Appliance Industry
September 2014: Appliance Industry Focus: HVAC
June 2014: Appliance Magazine Market Insight: April 2014




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Plastics Today | Powder Bulk Solids | Canon Trade Shows