Hitachi acquires commercial AC factory from former JCI joint venture

Hitachi confirmed the acquisition of the commercial air conditioning factory previously held under its former joint venture with Johnson Controls, citing global expansion.

“JAPAN: Hitachi has confirmed the acquisition of the commercial air conditioning factory which had been owned under its former joint venture business with Johnson Controls.”

Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.