McQuay Air Conditioners, Furnaces and Heat Pumps
By Gary Sprague
Until October 2013, McQuay was known as a manufacturer of air conditioners, furnaces and heat pumps for a variety of applications. At that date, however, McQuay’s Japan-based parent company, Daikin Industries, phased out the McQuay name.
As of end of fiscal year 2013, Daikin had net sales of more than $12 billion USD.
McQuay's origins date back to 1872 with the formation of Remington Machine Co. Over time, the company grew through a variety of acquisitions and mergers with companies that include Singer, American Air Filter, Perfex, American Furnace Co., Westinghouse and Herman Nelson Co. The McQuay name emerged around 1933. In 1984 McQuay was acquired by SnyderGeneral Corp., only to be purchased ten years later by O.Y.L. Industries Bhd.
In 2006, Daikin Industries Ltd. acquired O.Y.L. and its McQuay International subsidiary. The name Daikin McQuay was adopted in 2011 to, as the company puts it, “represent the integration of Daikin technology into McQuay International solutions.” As of October 2013, the McQuay name had been dropped from all Daikin branding.
Until recently, the McQuay name was used to promote Daikin’s commercial and industrial heating and cooling products, such as its PTAC units for multifamily, healthcare and educational facilities, and geothermal heat pumps.
Daikin notes that it continues to provide service and parts for McQuay and Daikin McQuay products.
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