In the US, Daikin’s heavy commercial and applied HVAC products mainly compete with incumbent leaders such as Carrier, Trane Technologies, and Johnson Controls. Despite a shorter presence of around 15 ...
After selling its power solutions segment in April 2019, which netted Johnson Controls $11.6 billion, the firm paid down $5.3 billion of debt and repurchased 191 million shares (21% share reduction) ...