Kabushiki gaisha]] is a Japanese multinational conglomerate company headquartered in Osaka. Daikin is the world's largest air conditioner manufacturer.
Daikin entered the North American air conditioning market in 2004.
In 2006, Daikin Industries acquired McQuay International, a Minneapolis, Minnesota–based global corporation that designs, manufacturers and sells commercial, industrial and institutional heating, ventilation and air conditioning (HVAC) products. In 2008, McQuay International was rebranded as Daikin-McQuay as Daikin began implementing many of its technologies (including the Daikin Inverter Compressor) and manufacturing processes into McQuay equipment and factories. However, in November 2013, the Daikin-McQuay group was again rebranded as Daikin Applied, ending 80 years of business for the McQuay name in the United States. Meanwhile, the McQuay brand continues to be used in mainland China and Hong Kong.
In the filtration realm, Daikin acquired American Air Filter (AAF) in 2007, and Flanders in 2016. The resulting entity is known both as AAF International and AAF Flanders.
In 2008, Daikin purchased a 75% share of All World Machinery Supply based in Roscoe, Illinois. In 2009, Daikin Airconditioning Philippines was established.
In August 2012 Daikin agreed to acquire Goodman Global from the San Francisco–based private equity firm Hellman & Friedman for $3.7 billion, after first planning to buy Goodman the previous year. In January 2011, Daikin had announced plans to buy Goodman Global at approximately US$4 billion valuation; however, the plans were delayed for a year by the 2011 Tōhoku earthquake and tsunami.
The acquisition was expected to expand Daikin's presence in the United States and in duct-type and split-system air-conditioners, and was expected to make Daikin the world's largest maker of heating, ventilation and air-conditioning systems.
Later in 2013, they launched a split air conditioner, the Ururu Sarara FTXZ-N. , Daikin Hydraulics marketed a line of , , , , and flow and control valves, claiming their pump technology to be 50–70 percent more energy efficient than conventional technology.
In 2017, Daikin opened the Daikin Texas Technology Park, its largest plant and the fifth largest factory in the world. Costing $417 million, this 4.1-million-square-foot facility in Waller, Texas, will consolidate Goodman's manufacturing operations.
As of 2021, other companies representing additional Daikin brands include Motili and Quietflex. On March 2, 2023, Daikin announced they had acquired the San Diego–based custom air-handling equipment manufacturer Alliance Air Products. In 2024, Daikin bought the naming rights to Minute Maid Park, home of Major League Baseball's Houston Astros, renaming it to Daikin Park on January 1, 2025. The deal is expected to run through 2039. On February 27, 2025, Daikin announced that the company will stop producing white phosphorus shells.
A 2004 study by Kyoto University Professor Akio Koizumi identified Daikin as the source of PFOA pollution in the Yodo river. In 2020 a Settsu city survey in Osaka found elevated levels of PFAS contamination in groundwater and waterways. One well used to irrigate crops was found to have levels 420 times over the national average. In 2021 blood tests of 9 residents living near Daikin's Yodogawa factory revealed elevated levels of PFAS, the highest in a 69-year old man 70 times the national average. Daikin had suspended production of PFAS-based water repellents in 2012 and stated the risks were “only possibly carcinogenic, like how pickled vegetables are” and that the water in Daikin's wastewater treatment tanks as "clean enough to drink" at a city council meeting. Daikin later issued retractions towards the "clean enough to drink" statement. Production and export of perfluorinated compounds in Japan have been banned since 2021.
|
|