We use cookies to provide you with a better experience. By continuing to browse the site you are agreeing to our use of cookies in accordance with our Cookie Policy.

logo
  • Engineers & Specifiers
  • Contractors & Installers
  • Wholesalers & Distributors
  • Sign In
  • Create Account
  • Sign Out
  • My Account
Free Subscription
  • Sign In
  • Create Account
  • Sign Out
  • My Account
  • PRODUCTS
    • Bath & Kitchen
    • Fire Protection
    • HVAC
    • Hydronics/Radiant
    • Plumbing
    • PVF
    • Tools
  • PROJECTS
    • Commercial
    • Green Building
    • MRO/Retrofit
    • Remodeling
    • Residential
  • HOW TO
    • Design
    • Fire Protection
    • Legal Matters
    • Management
  • BUSINESS
    • Buying Groups
    • Technology
    • Associations
  • CODES & STANDARDS
    • ANSI
    • ASHRAE
    • ASSE
    • Regulations
    • Green Building
    • IAPMO
    • ICC
    • NFPA
  • RESOURCES
    • Media Kit
    • Advertise
    • Contact Us
    • Classifieds
    • Digital Editions
    • Behind the Wall
    • Webinars
    • AHR Live 2023
  • PODCASTS
  • DIGITAL EDITIONS
Home » Toshiba and united technologies announce engineering centers

Toshiba and united technologies announce engineering centers

March 26, 2015
No Comments
Coalition believes companies in Malaysia are buying unfinished pipe fittings from China, performing finishing operations in Malaysia and selling the fittings to U.S. customers as products of Malaysia.
TOKYO - Toshiba Corporation (Tokyo: 6502) and United Technologies Corporation (UTC) (NYSE: UTX) today announced plans to establish engineering centers in India, North America and Europe to support global innovation for heating, ventilating and air-conditioning (HVAC) products. This cooperation is the first to result from the companies’ recent agreement to further strengthen their strategic collaboration through their joint venture, Toshiba Carrier Corporation (TCC). Toshiba Hisao Tanaka and UTC Geraud Darnis conclude HVAC agreement Geraud Darnis, President and CEO, UTC Building & Industrial Systems, and Mr. Hisao Tanaka, CEO and President, Toshiba Corporation, announced plans to establish engineering centers in India, North America and Europe. The plan will leverage Carrier’s global footprint, with new engineering centers expected in India, North America and Europe within the next five years. The two companies also agreed on plans to localize manufacturing in the same regions in a similar time frame. Toshiba Corporation is a world-leading manufacturer and provider of electric and electrical products and systems; and UTC, of which Carrier is a part, is the world’s largest provider of building technologies. TCC was formed in 1999, when Toshiba and Carrier joined forces to bring leading Japanese technology to markets worldwide. In October 2014, Toshiba and UTC signed an agreement to expand their strategic collaboration that included an outline for enhancing cooperation in HVAC through TCC, targeting to accelerate growth and aiming to double the unit’s annual revenues in the next decade. The companies will also continue to explore collaboration on smart cities and machine-to-machine solutions. “I am delighted to see UTC and Toshiba proactively forwarding our strategic collaboration and shaping up plans in the HVAC field,” said Mr. Hisao Tanaka, CEO and President of Toshiba Corporation. “The establishment of joint engineering centers and manufacturing will give Toshiba local product development, manufacturing and sales in key regions, which will increase our global footprint while allowing us to provide customers with greater value through localized solutions. At Toshiba, our diverse capabilities range from devices to battery and inverter technologies, and I hope to see this collaboration in HVAC become an engine that drives future cooperation between Toshiba and UTC and further strengthen ties between us.” “This agreement is a milestone in the long and successful relationship between United Technologies and Toshiba,” said Geraud Darnis, President and CEO, UTC Building & Industrial Systems. “Through our expanded collaboration, our joint venture is positioned to pioneer new, innovative and customized solutions for customers around the world.” Toshiba Corporation, a Fortune Global 500 company, channels world-class capabilities in advanced electronic and electrical product and systems into five strategic business domains: Energy & Infrastructure, Community Solutions, Healthcare Systems & Services, Electronic Devices & Components, and Lifestyles Products & Services. Guided by the principles of The Basic Commitment of the Toshiba Group, “Committed to People, Committed to the Future”, Toshiba promotes global operations towards securing “Growth Through Creativity and Innovation”, and is contributing to the achievement of a world in which people everywhere live in safe, secure and comfortable society. Founded in Tokyo in 1875, today’s Toshiba is at the heart of a global network of over 590 consolidated companies employing over 200,000 people worldwide, with annual sales surpassing 6.5 trillion yen (US$63 billion). United Technologies Corp., based in Hartford, Connecticut, provides high technology products and services to the building and aerospace industries. Our businesses include Pratt & Whitney, Sikorsky, UTC Aerospace Systems and UTC Building & Industrial Systems. For more information, visit our website at www.utc.com or follow us on Twitter: @UTC. To find out more about Toshiba, visit www.toshiba.co.jp/index.htm.
Business Contractors & Installers Industry Community News
  • Related Articles

    United Pipe & Steel Corp., Merfish Pipe & Supply Co. Announce Jeff Fainberg as New Outside Sales Representative

    United Technologies to Spin Off Carrier

    SFPE, ICC and Springer Publishing Announce New Engineering Guide on Fire Safety for Very Tall Buildings

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

Report Abusive Comment

Most Popular

  • SLB Announces Newmans Valve as NEWCO Valve Supplier for Western Hemisphere

  • Duravit Announces New Hires and Promotions

  • Chicago Plumber’s Union Dyes Chicago River Green for St. Patrick’s Day 2023

  • Peterman Brothers Charity Showdown Supports Indianapolis-Area Community Organizations

Featured Video

Caleffi video thumb

The Gold Standard: Separation with NO Compromise

Industry Events

  • 26Mar

    MCAA 2023 Annual Convention

    Phoenix, AZ
  • 29Mar

    2023 SFPE European Conference & Expo

    Berlin ,
  • 11Apr

    ASA ELEVATE2023

    Charleston, SC
More Events

Subscribe to our newsletters & stay updated

Subscribe & Learn More

  • Tw03 2023 cover
    Learn More
  • Pe03 2023 cover
    Learn More
  • Phc03 2023 cover
    Learn More
  • Es 2022
    Learn More
Subscribe

More from PHCP Pros

  • Editorial Team
  • Home
  • Contact Us
  • About
  • Advertise

Follow Us

© 2023 All Rights Reserved

Design, CMS, Hosting & Web Development | ePublishing