About
Concepcion Industrial Corporation (CIC), formerly Concepcion Air Conditioning Corporation (CAC), was incorporated on July 17, 1997, and served as a subsidiary of Concepcion Industries Inc. (CII). CIC is a provider of residential and commercial solutions, such as air conditioning equipment, refrigerators, laundry, kitchen and small domestic appliances and elevators and escalators.
CIC has a range of solutions and after-market services across multiple international and Philippine brands including "Carrier", "Toshiba", "Condura", "Kelvinator", "Midea", "Otis", "Shark", and "Ninja". These solutions are designed to serve an array of customers, from individuals and families living in residences to thousands of people spread across large residential towers, office buildings, entertainment facilities and commercial and industrial sites.
As of December 31, 2024, CIC operates principally through its eight subsidiaries, Concepcion-Carrier Air Conditioning Company; Concepcion Durables, Inc.; Concepcion Otis Philippines, Inc.; Concepcion Business Services, Inc.; Cortex Technologies Corporation; Alstra Incorporated; Teko Solutions Asia Inc.; and Tenex Services, Inc. The Company also has two affiliates, Concepcion Midea, Inc. and Teko Solutions Pte. Ltd.
Source: SEC Form 17-A (2024)