During the 2020 AHR Expo in Orlando, Florida, Danfoss convened a briefing for members of the HVACR trade press to provide an update on the company’s business and the evolving regulatory landscape affecting industry as well as take a deeper dive into the impact of trends like electrification and district energy and the available technologies and solutions. This was the 25th year the company has hosted the event.
“2019 was a bit of a challenging year,” said John Galyen, president, Danfoss North America. “It was really characterized by growing uncertainty here and abroad. A trade war with China was particularly painful for the manufacturing sector. Danfoss’s organic sales in 2019 within the global group as well as here in North America were essentially flat with 2018 numbers.
“Specifically, the North American HVACR business actually started out pretty strong in 2019, but we lost some of that during the year. For …