ACR-News

 

Carrier relinquishes control of its Korean operations

CARRIER has sold a controlling equity interest in its Korean air conditioning operations, CLK, to Sinokor Pipe Co, a Korean industrial manufacturing company. CLK will continue to be Carrier's distributor in Korea.
CLK designs, manufactures, and distributes a range of air conditioning products in Korea. With 2009 sales of approximately $200m and close to 500 employees, it has built a strong presence in the Korean air conditioning industry. CLK has its headquarters in Seoul and a manufacturing facility in Gwangju, Korea.

'I'm pleased that this partnership with Sinokor will strengthen CLK operations and enhance its growth potential,' said Geraud Darnis, president, Carrier Corp. 'This transaction marks another step in Carrier's business transformation to a more focused and higher margin business.'

The IOR Annual Conference – a conference on-demand

Delegates to the IOR Annual Conference taking place from 21 to 22 April will get the chance to access the event live and all sessions and recordings for up six months afterwards providing fantastic value and allowing anyone registering for the event ...

  01-Apr-2021

Williams’ embodied carbon calculations for core products

Embodied carbon figures are rapidly gaining importance as consultants, designers, and operators seek to comply with their environmental aspirations and obligations. Having a figure to encapsulate the embodied carbon in an appliance allows the ...

  09-Jul-2025

Sanhua’s REVOlution for supermarket refrigeration

SANHUA is proud to present its latest innovation in refrigeration technology – the REVO series of controllers. Designed to provide a wide range of applications, the REVO controllers offer high performance and efficiency, ensuring that your refrigerated cabinets maintain optimal conditions for fresh food preservation.
  02-Apr-2025
https://www.acr-news.com/carrier-relinquishes-control-of-its-korean-operations