AAF-McQUAY is into AC. The company, a part of Daikin Industries, makes commercial air-conditioning and air-filtration products and systems. Its products can be found in office buildings, schools, and manufacturing plants. The company's AAF International division makes air-filtration products under the AAF and AmericanAirFilter brands. Products include replacement filters and air pollution-control systems, machinery filtration products, and acoustical systems. The McQuay International arm produces commercial air-conditioning and refrigeration equipment (chillers, air handling systems, and industrial refrigeration). The company operates plants worldwide and its products are sold in 80 countries..
The global economic recession drove demand for construction products down and AAF-McQUAY (along with its Japanese parent, Daikin) felt the impact. Instead of focusing on the short-term effects of the downturn, the company began implementing strategies in order to promote future growth. Daikin has big ambitions to become the top air conditioning, heating, and ventilation company in the world. AAF-McQUAY is part of its parent's larger goals of doubling sales by 2015.
In order to get there the company has made investments to improve facilities and drive innovation and sales. In 2009 the company opened Daiken McQuay Applied Development Center, a new $50 million global research and development center in Minnesota. The new facility develops new products such as eco-friendly, energy-saving, and noise-reduction equipment.
In 2010 the company established a showroom in the US. The Daikin McQuay Solutions Plaza in New York has on display some of the company's most advanced and large-scale air conditioning units. The showroom caters to designers and major construction company representatives and offers consulting and planning services.
Daikin acquired Nippon Muki, a subsidiary of Nippon Sheet Glass, for ¥5 billion ($55 million) in 2009. Nippon Muki is a developer and manufacturer of air filters in the Japanese market. With the acquisition, Daikin plans to use the combined facilities of AAF-McQUAY with Nippon Muki to become a top air filter manufacturer in the global market. – less