Carrier, Midea Launch Residential Ductless HVAC Joint Venture in North America

ATLANTA, Ga. – Carrier and Midea America has launched Carrier Midea North America. The new joint venture will bring together Carrier’s extensive distribution network and Midea’s ductless development expertise to meet growing demand in North America for residential ductless HVAC systems. Carrier, part of UTC Climate, Controls & Security, a unit of United Technologies Corp., will hold the majority ownership position.

Midea is a long-time global supplier of residential ductless HVAC systems to Carrier. Through the creation of the joint venture, Carrier and Midea will transform their existing supplier relationship into a long-term collaboration dedicated to better meeting North American demand for energy-efficient residential ductless solutions.