Entering a joint venture agreement, Bosch Thermotechnology,Germany concedes integrating its system expertise with the technological expertise of China's Midea Commercial Air-Conditioner Division to manufacture variable refrigerant flow (VRF) systems.

The joint venture will be headquartered at an existing Midea production site in Hefei, Anhui province, and will employ some 100 associates in its first year. Production is scheduled to start in January 2016.

The joint venture is set to cater to the global heating, ventilation, air-conditioning (HVAC) market and plans to promote research and development in these market segments. It will also focus on adapting products to differing demands of the various regional markets.

The VRF systems will be primarily offered under the Bosch brand by Bosch Thermotechnology worldwide.

End