SUWANEE, Ga.--(BUSINESS WIRE)--Aug 12, 2026--
Mitsubishi Electric Trane HVAC US LLC (METUS), a leading supplier of all-electric, all-climate Ductless and Ducted Mini-split and Variable Refrigerant Flow (VRF) heat pump and air-conditioning systems, today announced a first-half 2026 update. From January through June, METUS strengthened its focus on leadership appointments, new solution introductions, and other milestones that support reliable comfort for homes and commercial buildings.
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Leadership Appointments Support Next Phase of Growth
METUS announced several leadership appointments designed to support organizational alignment and boost long‑term business strategy.
Collaborative Execution Drives A2L Transition Readiness
Over the first half of 2026, METUS remained focused on preparing and supporting contractors and distributors through the industry’s transition to A2L refrigerants. Central to this effort was a structured way of working that brought teams together to stay aligned, share updates, and quickly address challenges. By leveraging cross-functional weekly team check-ins, priorities were visible and aligned, enabling the organization to respond quickly as industry needs evolved.
The approach helped reinforce a broader goal: minimize disruption for navigating change. METUS teams were positioned to provide timely guidance and support to independent contractors and distributors, helping them to learn and adapt to the refrigerant transition with confidence.
Smart Solutions Advance All-Electric, All-Climate Comfort
METUS expanded its portfolio of smart solutions designed to support reliable performance, flexible system design, and year‑round comfort across a wide range of applications.
Community Involvement
The METUS L.O.V.E. Committee (Leading Others with Voluntary Efforts) is dedicated to community volunteer projects in and around the company’s Suwanee, Ga., headquarters. In 2026, METUS employees, friends, and family have volunteered in 12 projects so far, including co-op projects to sort food and hygiene items, regular road cleanups, packing nutritious meals for those in need, Earth Day recycling events, and awareness walks for good causes.
The L.O.V.E. Committee also supported the Mitsubishi Electric Classic, an annual golf tournament benefitting the Special Needs Schools of Gwinnett.
“The first half of 2026 reflects the strength of our team and our continued focus on delivering all‑electric, all‑climate heat pump solutions,” said Kelso. “From strengthened leadership to expanded innovation, we’re building on a strong foundation to support our customers and communities today and in the years ahead.”
About Mitsubishi Electric Trane HVAC US LLC
Formed in May 2018, Mitsubishi Electric Trane HVAC US LLC (METUS) is a leading supplier of all-electric, all-climate Ductless and Ducted Mini-split and Variable Refrigerant Flow (VRF) heat pump and air-conditioning systems in the United States and Latin America.
A joint venture between Trane Technologies plc and Mitsubishi Electric US, Inc., the company provides innovative products, systems, and solutions capable of heating and cooling a broad range of applications, from a home to a large commercial building with superior efficiency, comfort, and control.
The family of brands supported by METUS includes: Mitsubishi Electric, Trane ® /Mitsubishi Electric, and American Standard ® /Mitsubishi Electric. More information is available at https://www.mitsubishicomfort.com/.
Mitsubishi Electric Trane HVAC US Highlights First-Half 2026 Progress Across Leadership, Innovation, and Community Involvement
NEW YORK (AP) — Stocks are rising toward records after several AI companies reported better growth for the spring than analysts expected, while a report showed inflation across the U.S. was slightly less bad last month. The S&P 500 rose 0.5% early Wednesday and was on track for its first gain since setting its all-time high on Friday. The Dow Jones Industrial Average added 91 points, and the Nasdaq composite rose 0.8%. Stocks in the artificial-intelligence technology business helped lead the way after strong profit reports bolstered hopes they can continue to deliver big-enough growth to justify the huge gains they’ve made.
THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below.
NEW YORK (AP) — U.S. futures are pointing higher before the release of key inflation data for July that could provide a better idea of where prices are heading.
Futures for the S&P 500 gained 0.3% Wednesday and futures for the Dow Jones Industrial Average edged up 0.1%. Nasdaq futures gained 0.7%.
Rising costs are being closely watched by the Federal Reserve as well as Republicans facing tough midterm elections and millions of Americans struggling with higher prices for everything from groceries to gasoline. Economists expect new data to show to show inflation slipped to 3.4% in July from 3.5% in June.
Cooler inflation could relieve pressure on the Fed to raise interest rates. Higher rates could curb inflation also would drag on the overall U.S. economy by making it more expensive for households and businesses to borrow money. Higher rates also would undercut prices for stocks and other investments.
Shares of cloud computing company CoreWeave surged more than 18% and Super Micro Computer's stock jumped nearly 9% before the market opened on strong quarterly results. CoreWeave more than doubled its revenue as customer demand accelerated in the second quarter. The strong earnings gave a boost to other companies involved in building the physical infrastructure of artificial intelligence data centers including Coherent Corp., Lumentum Holdings and Marvell Technology.
Oil prices are essentially flat Wednesday but sharply higher this week with the Strait of Hormuz, through which a fifth of the global oil supply runs, effectively shut down as fighting in Iran continues.
The price of a barrel of Brent crude, the international standard, rose 0.19% to $89.08 early Wednesday. U.S. benchmark crude oil ticked up 0.4% to $83.53.
U.S. gasoline prices also edged 2 cents higher over night to a national average of $4.04 per gallon, according to motor club AAA. That's 16 cents higher than at this point last month.
U.S. President Donald Trump said he would seek compensation from Iran for the conflict after Tehran said it would seek payments from the U.S. before it opens the strait.
Meanwhile an attack by Iran-backed Houthi rebels on a vessel in the Bab el-Mandeb strait at Yemen's southern tip has raised concerns that the violence could reignite civil war and further threaten regional shipping routes.
“The renewed hostilities between the US and Iran suggest that a long-term reduction in shipping through the Strait of Hormuz is now the most likely scenario,” said Ben May, director of global macro research at Oxford Economics.
Treasury yields have jumped since the war with Iran because of higher oil prices and worries about inflation. That has sent long-term mortgage rates to their highest levels in a year.
In early European trading, Germany’s DAX rose 0.47% to 26,514.56, while the CAC 40 in Paris fell 0.12%, to 8,705.08. Asian trading was mixed.
The U.S. dollar slipped to 159.16 Japanese yen from 159.22 yen. The euro was down slightly at $1.1537.
AP Business Writer Elaine Kurtenbach reported from Bangkok
Trader Fred Demarco, right, and Specialist Michael Pistillo, left, work on the floor of the New York Stock Exchange, Friday, Aug. 7, 2026, in New York. (AP Photo/Yuki Iwamura)
A general view shows the New York Stock Exchange, Friday, Aug. 7, 2026, in New York. (AP Photo/Yuki Iwamura)
Currency traders work at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Wednesday, Aug. 12, 2026. (AP Photo/Ahn Young-joon)
Currency traders watch monitors near a screen showing the Korea Composite Stock Price Index (KOSPI) at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Wednesday, Aug. 12, 2026. (AP Photo/Ahn Young-joon)
Currency traders work at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Wednesday, Aug. 12, 2026. (AP Photo/Ahn Young-joon)
