CIC Participates in Bid For Philippine Airport AC Project

Consumer lifestyle and enterprise solutions provider Concepcion Industrial Corp. (CIC) is participating in bids for large air-conditioning projects at several airports across the Philippines, BusinessWorld reports. CIC supplies and manufactures air conditioners, air-conditioning systems, refrigerators, freezers, elevators, escalators and home appliances. Its brand portfolio includes Carrier, Otis, Condura, Midea, Kelvinator, SharkNinja and Toshiba. CIC Chairman and President Raul Joseph A. Concepcion noted in a media briefing that there are only one or two other industry players that are capable of handling such a large project. CIC Chief Executive Officer Isaias Ariel P. Fermin said the company’s offer, which includes elevators and escalators, has more value compared to those of competitors.