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An agreement between Ingersoll Rand and Mitsubishi Electric regarding establishment of the joint venture was reached in January 2018 [1] and the company started operation in mid-2018. [2] METUS markets, sells and distributes heating and air-conditioning systems in the United States and Latin America. [3]
Mitsubishi Electric Hydronics & IT Cooling Systems SpA (MEHITS) is the Mitsubishi Electric Group company specialized in hydronic systems for air conditioning and IT Cooling. Based in Italy the company designs and manufactures in 12 production plants in Europe , China , and India , and distributes its products worldwide.
DeLclima was listed on the Milan Stock Exchange from 2012 until February 2016, when it was delisted following the acquisition by Mitsubishi Electric at the end of 2015. [2] Climaveneta, RC Group, and DeLclima Finance merged into Mitsubishi Electric Hydronics & IT Cooling Systems S.p.A. as of January 1st, 2017.
Mitsubishi Electric United States, Inc. is the principal subsidiary of Mitsubishi Electric Corporation in the United States. It is headquartered in Cypress, California and was incorporated in 2002 [1] and its affiliates, have roughly 31 locations throughout North America with approximately 5,000 employees.
Mitsubishi Electric was established as a spin-off from the Mitsubishi Group's other core company Mitsubishi Heavy Industries, then Mitsubishi Shipbuilding, as the latter divested a marine electric motor factory in Kobe, Nagasaki. It has since diversified to become the major electronics company.
Hydronics (from Ancient Greek hydro- ' water ') is the use of liquid water or gaseous water or a water solution (usually glycol with water) as a heat-transfer medium in heating and cooling systems. [1] [2] The name differentiates such systems from oil and refrigerant systems.
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