Carrier Corp. entered into an agreement to sell its bus air-conditioning business in the U.S. and Canada to Mobile Climate Control, a leading global provider of climate control solutions to the commercial vehicle industry. Mobile Climate Control is a subsidiary of Ratos AB, a Sweden-based financial investment company.
A unit of United Technologies Corp., Carrier's bus air-conditioning business, headquartered in York, Pa., had sales of approximately $60 million in 2010 and approximately 50 employees. It serves transit, intercity, and school bus customers in the U.S. and Canada with a full line of rooftop, rear-mount and split system bus air conditioning systems.
