O.Y.L. Industries/McQuay Group, Mitsubishi Electric Form Alliance

O.Y.L. Industries/McQuay Group and Mitsubishi Electric Corporation, Tokyo, have entered into an agreement to manufacture, market and distribute HVAC products, including packaged air-conditioners, chillers, compressors, energy recovery systems and other products. O.Y.L. Industries, based in Kuala Lumpur, Malaysia, is the parent company of AAF-McQuay Inc., headquartered in Louisville, KY. “This creates the third largest HVAC alliance in the world,” says Ho Nyuk Choy, president and CEO, AAF-McQuay Inc. “By combining resources such as research and development, the two companies will develop and distribute advanced green products for the global market.” The agreement formalizes and expands an ongoing cooperative relationship between Mitsubishi Electric Corporation and O.Y.L. Industries/McQuay Group to manufacture and market screw chillers and large air conditioning systems. O.Y.L. Industries, part of Hong Leong Group Malaysia, has approximately 95 production and marketing bases for HVAC business worldwide, including AAF-McQuay Inc. McQuay International, headquartered in Plymouth, MN, delivers engineered, flexible solutions for commercial, industrial and institutional HVAC requirements with reliable products, knowledgeable applications expertise and responsive support. McQuay products and services are provided through a worldwide network of dedicated sales and service offices. For more information, 800/432-1342 or visit www.mcquay.com.

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