April 5, 2004: Toshiba Carrier, GD Midea To Form Largest China A/C Mfr.
HONG KONG - Toshiba Carrier of Japan and GD Midea of China have been reported to be negotiating a joint venture that would make it the largest air conditioning equipment manufacturer in China, according to a story in the Financial Times.
The Financial Times report says that the venture could be finalized as early as this spring, with a possible formal announcement by June.
GD Midea is said to be one of the largest air conditioner manufacturers in China. Toshiba Carrier, a joint venture between Japanese conglomerate Toshiba and the Carrier Corporation, is one of the biggest Japanese air conditioner manufacturers.
Publication date: 04/05/2004
Looking for quick answers on air conditioning, heating and refrigeration topics? Try Ask ACHR NEWS, our new smart AI search tool. Ask ACHR NEWS
Looking for a reprint of this article?
From high-res PDFs to custom plaques, order your copy today!
