$12 billion mini-split maker expands into U.S.

AUX, a leading Chinese HVAC manufacturer, is expanding into the U.S. after nearly 40 years of operating internationally, capitalizing on America’s growing demand for cooling. 

The big picture: The company’s entrance comes at a time when five manufacturers, including Carrier, Lennox, and Trane, hold over a 70 percent share of the U.S. market. 

What’s happening: AUX produces a series of mini-split systems, generates $12 billion in annual revenue, and last week officially launched in the U.S.

• “This expansion is a natural next step in AUX’s strategy to bring advanced HVAC solutions to markets that demand high performance and quality at a competitive price point,” said Matt Lacey, AUX’s Vice President of U.S. Sales.

Zoom in: AUX says its systems are designed for single-person installation and come with interactive voice control, among other features. 

• “Early reception has been positive, indicating a strong need in the U.S. for… superior technology and simple installation,” Lacey added. 
• The company has opted for two-step distribution, selling to contractors through distributors, Lacey tells Homepros in an email.
• He didn’t comment on specific distribution partners — or disclose pricing details. 

What’s next: AUX plans to build a North American factory in the future, expand its product line to include central air systems in 2025, and debut its lineup at AHR Expo in February.