HVAC Breaking News

Sept. 12, 2006: Emerson Acquires Asian Compressor Manufacturer

September 12, 2006
/ Print / Reprints /
ShareMore
/ Text Size+
ST. LOUIS - Emerson Climate Technologies, a business of Emerson, announced that it has purchased Kirloskar Copeland Limited (KCL). The company has partnered with Kirloskar Brothers Limited (KBL) in India since 1993, operating KCL as a joint business venture. KCL is a leading compressor manufacturing company in India.

Emerson's purchase of KBL's 51 percent stake in the KCL venture makes Emerson the manufacturer's sole owner. According to the company, this acquisition strengthens Emerson's position in the Asian HVACR marketplace and adds manufacturing and engineering resources in the high-growth Indian market.

"Asia holds many wonderful opportunities to grow and expand our business," said Tom Bettcher, Emerson executive vice president and business leader of Emerson Climate Technologies. "We've been doing business in India for more than a decade as part of our KCL joint venture. Acquiring sole ownership of KCL positions us well to meet the demands of the Asian market."

Emerson Climate Technologies will continue to run the facilities at their present locations in Karad and Atit, India.

For more information, visit www.emersonclimate.com.

Publication date: 09/11/2006

Did you enjoy this article? Click here to subscribe to The NEWS Magazine

You must login or register in order to post a comment.

Multimedia

Videos

Image Galleries

2014 MCAA Annual Convention

Scenes from the 2014 MCAA Annual Convention in Scottsdale, Ariz.

Podcasts

NEWSmakers: Julian Scadden

Training is an ongoing process. Julian will discuss how you can generate maximum return on time and energy invested training by following a three part process. Listen to this podcast to get expert tips on training, tracking and follow up. 

More Podcasts

ACHRNEWS

NEWS 04-21-14 cover

2014 April 21

Check out the weekly edition of The NEWS today!

Table Of Contents Subscribe

SERVICE CALLS POLL

Which statement on service calls best applies to your business?
View Results Poll Archive

HVACR INDUSTRY STORE

plumbing-hvac.gif
2014 National Plumbing & HVAC Estimator

Every plumbing and HVAC estimator can use the cost estimates in this practical manual!

More Products

Clear Seas Research

 

Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications, Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.

DON'T MISS A THING

Magazine image
 
Register today for complete access to ACHRNews.com. Get full access to the latest features, Extra Edition, and more.

STAY CONNECTED

facebook icontwitter iconyoutube iconLinkedIn i con