Midea has long supplied residential ductless HVAC systems to Carrier worldwide. Now Carrier and Midea America are launching Carrier Midea North America. The majority ownership of the new joint venture will be held by Carrier, part of UTC Climate, Controls & Security, which is a unit of United Technologies Corp.
The new joint venture, which combines Midea’s ductless expertise and Carrier’s distribution network, is expected to better meet customer demand than the two companies’ existing supplier relationship.
Read more: Carrier, Midea Launch Residential Ductless HVAC Joint Venture in North America