New Structure Said to Increase Focus on Growth and Reduce Overhead Cost
November 11, 2013
Ingersoll-Rand plc announced it has realigned its financial reporting into two segments: Climate and Industrial. The new segment reporting reflects a focus on Ingersoll Rand’s core businesses following the spin-off of the company’s commercial and residential security businesses.
Mitsubishi Electric Cooling & Heating has restructured its four national sales zones into five business units (BUs), including a newly created Southwest BU. To support the new sales structure, Mitsubishi Electric has appointed five managers to lead the business units.