Toshiba Carrier Corporation announced that its subsidiary Toshiba Carrier Air Conditioning (China) Co. Ltd. (TCAC) has relocated to a new engineering and manufacturing facility recently completed in Qiantang New District, Hangzhou, China. The subsidiary held a ceremony to celebrate the opening of the new complex on June 18.
The ceremony took place under COVID-19 recommended guidelines and was attended in person and remotely by distinguished guests and government officials.
The 72,000-square-meter facility is located on 53,300-square-meters of land and manufactures variable refrigerant flow (VRF) and other heating, ventilation and air conditioning (HVAC) products. The new complex features advanced technology for manufacturing facilities and testing laboratories, including a 115-meter high testing tower that is essential to ensure the reliability for high-rise buildings and cellar manufacturing systems with an automated guided vehicle to accomplish high productivity and quality.
The VRF segment in China has enjoyed a compound average growth rate (CAGR) of 14%(*1) for the last five years since 2016 with projected long-term growth due to continued demand.
TCAC expects the new complex to play a vital role to develop, manufacture and supply competitive VRF and other products for China, as well as other parts of the world.
“I am confident that the new complex will allow us to better serve our valued customers with better products through continued commitment to innovative technologies and smart manufacturing driven by digital transformation and human touch,” said Toru Kubo, President & CEO of Toshiba Carrier at the opening ceremony. “We will strive with the new complex to cater to challenges, such as energy issues and climate changes, and contribute to the local economy and communities through investment and job creation.”
Toshiba Carrier opened the e-Third global R&D center in Fuji City, Shizuoka Prefecture, Japan, last year and started shipment of products manufactured by its new subsidiary in Europe in March 2021 bolstering overseas business operations. Leveraging the investments in the new complexes, Toshiba Carrier continues efforts to capitalize on opportunities for business growth with heat pump solutions.
