Panasonic Corporation of North America has announced that the Kennesaw, GA-based HVAC Products Group of Sanyo North America Corp.’s Commercial Solutions Division will formally become a part of Panasonic’s North American operations. The unit will be designated as Panasonic Air Conditioning Group.
The HVAC business is the first Sanyo unit to turn into division of Panasonic in North America and this shift will begin the course of incorporating North American units of Sanyo Electric into Panasonic’s operations in this country. The process of integrating Sanyo business units is one of the outcomes of Panasonic Corporation’s acquisition of Sanyo Electric, which became final on April 1, 2011.
Combining this ductless HVAC business into Panasonic’s portfolio of businesses will allow offering a broader variety of solutions to Panasonic’s clientele and channeling associates. Panasonic is a leader in air conditioners globally, including the production of air conditioning compressors and other key components.
The Panasonic product portfolio will expand by adding Sanyo’s light commercial ductless split HVAC product line, ductless heat pumps 26,000 to 42,000 BTU systems, as well as its Variable Refrigerant Flow products like ECOi. The HVAC division will continue to promote and sell its existing ductless mini split heat pump product line with high-quality service, while also planning to incorporate new products based on the combination of Panasonic and Sanyo technologies.
The organizational change will enable access to combined engineering and manufacturing capabilities to develop innovative products for the future as well as the strengths of both companies to expand sales and market share.
Based in Secaucus, NJ, Panasonic Corporation of North America provides a broad line of digital and other electronics products and services for consumer, business and industrial use. The company is the principal North American subsidiary of Osaka, Japan-based Panasonic Corporation (NYSE: PC), and the hub of Panasonic’s U.S. branding, marketing, sales, service and R&D operations. Panasonic was the only Consumer Electronics Company to be listed in the top ten brands on the Interbrand Best Global Green Brands 2011 ranking (Interbrand Best Global Green Brands 2011). As part of its continuing efforts to reduce its carbon footprint, Panasonic Corporation of North America will relocate its operations to a new eco-efficient office tower adjacent to a mass transit hub in Newark, NJ in 2013. Information about Panasonic Eco Ideas initiatives and other Panasonic products is available at www.panasonic.com