The "Overlord" of Central Air Conditioning in the United States: Entering China for over a century, the group's annual revenue is 174 billion yuan

Last year, the central air conditioning market in China fell by 2.6% year-on-year, but it still maintains a capacity of over 100 billion yuan

Last year, the central air conditioning market in China fell by 2.6% year-on-year, but it still maintains a capacity of over 100 billion yuan. At present, the industry presents a situation of "tripartite confrontation". Midea, Gree and Haier are at the forefront of the domestic brand camp. Japanese and Korean brands are represented by Daikin, Hitachi and Toshiba. Five major American brands, including McVeil (acquired by Daikin in 2006), Johnson Controls York, Carrier, Trane and Dunham Bush, are on the list.

aboutJohnson Controls YorkMany people may not be very familiar with this American air conditioning brand. First, let's talk about its origin. In 2005, Johnson Controls purchased York International with 3.2 billion dollars, and integrated it into the field of building facilities efficiency business, further improving its position in the global building environment market.

Public information shows that theYorkWe are a globally renowned independent supplier of HVAC, refrigeration equipment, and services, and have successively invented the world's first chiller and variable frequency drive chiller. Its products include household central air conditioners, commercial central air conditioners, fresh air purification products, intelligent control systems, etc., which have been successfully used in United States Capitol, the English Channel European Tunnel, the Sydney Opera House and 90% of the world's tallest buildings.

Johnson ControlsFounded in 1885, headquartered in Milwaukee, Wisconsin, USA, it is the world's leading manufacturer and engineering contractor of automatic management system for construction equipment. Founder Warren S. Johnson is the inventor of indoor electric thermostats. This temperature control system can automatically adjust the temperature of a room, bringing a more energy-efficient and comfortable building environment, which has led to the emergence of a large building temperature control industry.

In 1978, Johnson Controls acquired the largest automobile battery manufacturer in the United States, GlobeUnion, and obtained automobile battery manufacturing technology. Seven years later, he took over Hoover Universal, a car seat and plastic machinery company, and gained the design, manufacturing, and assembly capabilities for car seat systems, becoming the world's largest supplier of car batteries and seats.

However, in the 21st century, Johnson Controls predicted that the auto industry would gradually enter the era of low profits as a whole, and began to divest its auto related businesses. The first to bear the brunt is the car seats and interior business, which has an annual sales revenue of approximately $20 billion, followed by packaging and selling the battery business to Brookfield, Canada for $13.2 billion.

135 years after Warren Johnson obtained the first indoor thermostat patent, Johnson Controls returned to its original form, focusing on building technologies and solutions including heating, ventilation and air conditioning systems, building access control and fire extinguishing systems. Prior to this, Tyco, which specializes in fire and security solutions, was also acquired for $16.5 billion, marking the largest transaction in the company's history.

Today, Johnson Controls has become a professional supplier of one-stop integrated smart green building systems, services and solutions, with more than 100000 employees in more than 150 countries and regions around the world. In the fiscal year 2022 (October 2021 September 2022), the net sales amounted to $25.299 billion (approximately RMB 174 billion) and the net profit was $1.532 billion.

As early as 1906, York Air Conditioning developed its business in Shanghai, with a history of 117 years to date. The central air conditioners used in famous buildings such as Shanghai World Financial Center, the National Grand Theater, Guangzhou "Little Man Waist", Hong Kong International Financial Center, Taiwan 101 Building are provided by York. It also provided air conditioning equipment for the supporting facilities of 18 sports venues for the Beijing Olympic Games.

Johnson Controls has also entered the Chinese market for nearly 30 years. In China, it has more than 9000 employees, 9 manufacturing plants, 3 R&D bases, more than 40 offices, and more than 100 sales support points. HVAC and refrigeration products have achieved 100% local production, with more than 96% local engineering R&D capabilities. Some heat pump module units have been exported to the European and American markets.

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