- In February 2024, Modine announced that it had reached a definitive agreement to acquire Scott Springfield Manufacturing, a producer of AHUs. This acquisition provided Modine with immediate access to a complementary product portfolio and a diverse customer base across various industries, including telecommunications, hyperscale and colocation data centers, healthcare, and aerospace
- In January 2024, Carrier expanded its HVAC product offerings manufactured in India by introducing air handling units (AHUs) and fan coil units (FCUs) designed to cater to the varied needs of India’s commercial buildings. These new products, engineered to deliver tailored solutions for healthy indoor environments with high-efficiency air filtration, highlight Carrier’s over five-decade presence in India and reinforce the company’s commitment to supporting the country's growth under the 'Make in India' initiative
- In May 2021, Trane Technologies plc opened a new operations hub in Las Vegas, Nevada. The company plans to collaborate with local engineers, contractors, commercial building owners, and facility managers to offer energy management solutions, HVAC systems, services, and aftermarket parts
- In April 2020, Daikin Industries, Ltd. announced an investment of approximately 2 million USD in a capital increase through a third-party allocation to Locix, Inc., a Silicon Valley-based startup. Daikin Industries aimed to reduce labor hours at installation sites by leveraging Locix’s advanced local positioning technology, Locix LPS
- In August 2019, Systemair AB acquired a distributor in Morocco. The company, which had 27 employees and a sales volume of around SEK 70 million in 2018, operated under a license agreement with Systemair and had an office and warehouse located in Casablanca
