Toshiba announces major growth plans for air conditioning
Toshiba Air Conditioning, a division of Toshiba Carrier UK, has announced plans to double sales by 2020 as part of a 5-year growth strategy. It follows five years of double-digit growth by Toshiba. The company is supporting the plans with the introduction of new products, increased stocking levels, new appointments, a major expansion in production capacity and the roll out of a global training initiative.
The company is increasing stocking capacity at its Plymouth facility with an extension and addition of 4000 m2 of racking space to ensure immediate availability of its most popular ranges of split and VRF air conditioning.
On the research-and-development font, Toshiba factories are employing some 350 additional design engineers to enable the company to fast track the development and introduction of new air-conditioning technologies.
Work is under way on a major extension the factory in Thailand, including expanding the R&D facilities. It will include the creation of a global technical training centre.
David Dunn, general manager of Toshiba Air Conditioning UK, said, ‘It is obviously a challenging target, particularly given that the base year for the growth target is 2014, which was a very strong year for Toshiba. However, I am confident that the strategy we are pursuing is right and that we have the plans in place to deliver.’