Joint VenturesCopeland and Daikin Announce a Joint Venture to Bring Inverter Swing Rotary Compression to the U.S.
Two of the HVAC industry’s global leaders, Copeland and Daikin, have announced a joint venture for Copeland to bring Daikin’s inverter swing rotary compressor technology to the U.S. residential segment. Daikin’s innovative inverter swing rotary technology complements Copeland’s portfolio and delivers substantial benefits including reduced energy usage, cost savings and enhanced reliability. The joint venture is expected to become operational by the first half of 2025 following receipt of customary regulatory approvals. This agreement leverages...