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Variable refrigerant flow (VRF), also known as variable refrigerant volume (VRV), is an HVAC technology invented by Daikin Industries, Ltd. in 1982. [1] Similar to ductless mini-split systems, VRFs use refrigerant as the primary cooling and heating medium, and are usually less complex than conventional chiller-based systems.
Daikin entered the North American air conditioning market in 2004. [7] In 2006, Daikin Industries acquired McQuay International, a Minneapolis, Minnesota–based global corporation that designs, manufacturers and sells commercial, industrial and institutional heating, ventilation and air conditioning (HVAC) products. [8]
In 2006, McQuay was acquired by Daikin Industries, a global manufacturer of both commercial and residential air conditioning equipment based in Osaka, Japan. Daikin had annual sales of $13 billion in 2009. [2] Daikin was named one of the 100 most sustainable corporations for three years in a row by Corporate Knights, Inc., from 2007 through ...
Multi-zone ductless systems were invented by Daikin in 1973, and variable refrigerant flow systems (which can be thought of as larger multi-split systems) were also invented by Daikin in 1982. Both were first sold in Japan. [68]
An alternative to packaged systems is the use of separate indoor and outdoor coils in split systems. Split systems are preferred and widely used worldwide except in North America. In North America, split systems are most often seen in residential applications, but they are gaining popularity in small commercial buildings. Split systems are used ...
In August 2012, Hellman & Friedman agreed to sell Goodman Global to Japan's Daikin Industries Ltd. for $3.7 billion. In 2015, Daikin commenced construction of the state-of-the-art Daikin Texas Technology Park campus near Houston, Texas. This project, costing over $400 million, was the largest investment made in Daikin’s 90-year history.
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