Mitsubishi Heavy Industries Thermal Systems, has formed a joint venture (JV) with a Chinese construction engineering company Nantong Hualong.
The joint venture will undertake installation and engineering services of centrifugal chillers, air-conditioners and heat pump water heaters throughout China.
The JV was founded through Mitsubishi Heavy Industries Air-conditioners (Shanghai) Co., Ltd. (MHIAS), a wholly owned subsidiary of MHI Thermal Systems based in Shanghai.
MHI Thermal Systems created the new company with the aim of expanding sales in China by strengthening installation and engineering functions through a majority-owned JV.
Moreover, the JV will sell equipment in a bid to expand the sale of MHI branded products.
Nantong Hualong is well established in China and has a reputation for its safety management and quality control at construction sites.
In a statement, MHI Thermal Systems said its products which utilize the natural refrigerant CO2, coupled with the installation and engineering capabilities of its new JV, stands to strengthen its competitive position in China.