According to Samsung, the newly established joint venture, named Samsung Lennox HVAC Norte America, will sell ductless AC and heat pump products in the countries.The joint venture is 50.1 percent owned by Samsung, with the remaining stake held by Lennox, Yonhap news agency reported...
New Delhi: The commercial air conditioning (AC) market has significant potential and is witnessing growth due to rapid urbanisation, infrastructure development and increasing emphasis on comfort in commercial spaces, said Suni Vachani, president, CEAMA, an organization of electronics and...
Founded by N G Patel and Associates, Patel Airtemp (India) was established in August 1992 with the aim of acquiring two of the group's existing units to streamline the group's product offerings and mitigate competition among its subsidiaries. Following a court order from the Gujarat High Court...