Establishment of AC Equipment Production Factory in Rapidly

To contend with the demand in the rapidly expanding air conditioning market in Brazil, Daikin Industries, Ltd. has decided to establish a new factory (site area of approx. 200,000 m2) for air conditioning equipment in the city of Mogi das Cruzes, located on the outskirts of Sao Paulo in the Federative Republic of Brazil, with production beginning at the start of 2014. At the new factory, Daikin will manufacture its multi-split type VRV commercial air conditioning systems to meet demand for air conditioning equipment at public and commercial facilities in Brazil.