LG Air Conditioning Technologies

Supporting LG Electronics’ global business-to-business (B2B) expansion, the company aims to double its U.S. HVAC product sales by 2030, executives announced at LG Air Conditioning Technologies USA’s 2024 Dual Channel Leadership Summit. The two-day summit, which brought together pioneers from LG’s distribution customers and applied representatives, cultivated a collaborative environment supporting LG’s substantial B2B growth strategies. LG executives and gain insights Attendees had the opportunity to connect with LG executives and gain insights into products Attendees had the opportunity to connect with LG executives and gain insights into products, processes, the upcoming refrigerant transition, marketing initiatives, and more. "As we actively expand our B2B business in the United States, we intend to more than double our HVAC product sales by 2030," said Chris Jung, President and CEO of LG Electronics North America, who highlighted LG's innovations and aggressive B2B acceleration with HVAC being a primary growth driver worldwide. Smart HVAC solutions "Smart HVAC solutions are in demand due to rising commercial construction, energy-saving regulations, electrification and decarbonization, as well as Inflation Reduction Act rebates and incentives," adds Chris Jung. Thanking the applied reps and distributors for their partnership in transforming the industry, Chris Jung said, "We will never stop innovating and investing in solutions that help grow your business and will continue to build on the foundations of innovation and collaboration and collectively push the boundaries of what’s possible in the HVAC industry." New residential HVAC systems Chris Jung said LG aims to strengthen its U.S. air solutions business through strategic partnerships, fostering a deeper understanding of the importance of HVAC, especially as the electrification movement continues to expand. A significant LG focus is the company’s extensive range of HVAC solutions, particularly its hydronic and heat pump products. Heat pumps are a crucial element in the United States’ pursuit of achieving goals by 2030 Heat pumps are a crucial element in the United States’ pursuit of achieving electrification goals by 2030, with some states aiming to have 65 percent of all new residential HVAC and hot water heating systems consist of heat pumps by the end of the decade. The U.S. heat pump market, valued at $13.6 billion in 2023, is projected to grow at over 8.9 percent CAGR from 2024 to 2032. Related to building emissions Underscoring its commitment to electrification and decarbonization, LG invited Panama Bartholomy, Head of the Building Decarbonization Coalition (BDC) as the summit’s keynote speaker on 'The Path to a Decarbonized Future'. Bartholomy spoke about emerging laws and regulations related to building emissions, the trajectory for the decarbonization movement and the opportunity the changes bring for the HVAC industry.  Sustainability and climate goals Steve Scarbrough, Senior Vice President and General Manager for LG Air Conditioning Technologies USA, said, "LG is dedicated to delivering energy-efficient, environmentally-conscious solutions that contribute to sustainability and climate goals for our professionals, their customers and the U.S." Steve Scarbrough adds, "The Dual Channel Leadership Summit provides us with a platform to not only talk through our product innovations, but the many ways in which we are providing associates solutions that help them grow their businesses today and into the future." Portfolio of HVAC solutions For example, Scarbrough explained that, as a pioneering advocate of the electrification movement, LG offers a broad portfolio of HVAC solutions that enhance energy efficiency, contribute to environmental stewardship, and support the industry’s transition towards a greener future. LG Electronics’ global acceleration of B2B operations as a central component of its overall business portfolio innovation strategy. B2B capabilities By 2030, the company expects that its B2B areas will account for 45 percent of total sales versus 35 percent. Beyond air solutions, LG Electronics is rapidly strengthening its B2B capabilities across a wide range of other areas, including vehicle components, information displays, robots, EV charging systems, built-in appliances, and smart factory solutions.

HVAC industry pioneer LG Air Conditioning Technologies USA has launched a new podcast series, “LG Pro Cast,” which aims to foster insightful and meaningful conversations within the HVAC industry. The podcast will bring together industry experts, including Pro Dealers, distributors, contractors, builders, engineers and LG pioneers, to share the latest industry trends, valuable advice, relatable and inspiring stories and technological advancements that are reshaping the heating, ventilation, and air conditioning industry. LG Pro Cast features Select episodes will incorporate insights and trends related to other product categories Hosted by LG Air Conditioning Technologies’ Terry Frisenda, national business development manager, and Phillip Kriegbaum, manager, business development, LG Pro Cast features engaging conversations among the hosts as well as featured professional guests in interview-style discussions.  Timely topics will range from emerging HVAC technologies and trends, heat pump solutions, best practices for load calculations, useful technology solutions, whole-home solutions as well as challenges and opportunities in the HVAC industry. Select episodes will incorporate insights and trends related to other product categories such as energy storage systems and heat pump water heaters, which also support the nationwide electrification movement. Innovation in the HVAC industry “By offering a diverse array of customer and project stories, delving into new policies or regulations, and sharing light-hearted anecdotes from the field, LG is facilitating engaging conversations that offer invaluable opportunities for connection,” said Frisenda. “LG Pro Cast is all about interacting with the trailblazers who are driving innovation in the HVAC industry and having meaningful conversations to help move our industry forward.” One and two of the new podcast series Episodes one and two of the new podcast series are now available. Episode One: Temperatures in Tune: Discovering VRF Kicking off the LG Pro Cast series, the inaugural episode takes listeners on an educational journey into the world of Variable Refrigerant Flow (VRF) technology. It peels back the layers of VRF’s benefits and applications, providing comprehensive insights that reveal its value and potential. More than just an informational resource, the episode serves as a deep dive for professionals seeking to enhance their understanding of VRF solutions in various HVAC environments. Episode Two: Hot, Cold, and Clean: Debunking Myths Surrounding Heat Pump Technology The second podcast episode focuses on debunking prevalent myths about heat pumps. Beyond myth-busting, it underscores the cost-effectiveness and environmental benefits of these systems, addressing common misunderstandings and equipping listeners with essential information and practical advice to assist them in considering or recommending heat pumps as suitable heating and cooling solutions. This installment is more than just an episode—it’s a comprehensive exploration of the intricacies of all things heat pumps. LG’s commitment Looking ahead, this season of LG Pro Cast has an exciting lineup of episodes scheduled to air throughout the year, including broadcasts from industry events and distributor locations, prominent HVAC sector guests, a look at other LG solutions, and more.  LG Pro Cast underscores LG’s commitment to “fostering knowledge sharing and community building within the HVAC industry,” Kriegbaum said. LG Pro Cast is available on all major podcast platforms, including Spotify, Apple Podcasts, and YouTube.

Underscoring its commitment to environmental stewardship, LG Air Conditioning Technologies USA is working with Hudson Technologies, Inc., a globally renowned provider of innovative and sustainable refrigerant products and services to the Heating, Ventilation, Air Conditioning and Refrigeration industry, to support LG Air Conditioning Technology USA’s customer base with access to Hudson’s reclaimed EMERALD Refrigerants™. Darren Gibula, Vice President of Operations for LG Air Conditioning Technologies USA, said aligning with Hudson Technologies supports LG’s global sustainability vision of a 'Better Life for All'. Adoption of refrigerants Darren Gibula said, "At LG, we’re committed to efforts to reduce carbon emissions and drive the future of cleaner energy through our all-electric heat pump HVAC products, the introduction of hydronics solutions and the adoption of refrigerants with a lower GWP (Global Warming Potential)." He adds, "Leveraging Hudson’s extensive experience in reclaimed refrigerants will enable LG to help our customers meet new California refrigerant-related regulations, as well as reinforce our efforts to deliver more eco-conscious solutions for end-users nationwide." EMERALD Refrigerants Hudson Technologies’ EMERALD Refrigerants are certified reclaimed refrigerants made in the USA LG is continuously innovating its technologies to support carbon emission reduction efforts, energy conservation, and to make living more sustainable, which includes use of lower-GWP (Global Warming Potential) refrigerants such as R-32. Hudson Technologies’ EMERALD Refrigerants are certified reclaimed refrigerants produced in the United States. EMERALD Refrigerants help reduce the unintended release of greenhouse gases to the atmosphere and, as a recycled product, combat the environmental impact associated with the production of new virgin refrigerants. They meet or exceed AHRI 700 specifications and contain only certified verifiable reclaimed refrigerant. Refrigerant management Kate Houghton, Senior Vice President, Sales & Marketing for Hudson Technologies, commented, "With our industry-pioneering reclamation technology and long-standing commitment to responsible, sustainable refrigerant management, Hudson is delighted to work with LG in support of providing more environmentally friendly products that operate using reclaimed refrigerants." She adds, "Together, Hudson and LG can make a tremendous impact as the industry transitions to cleaner, more environmentally-friendly, cooling solutions."  Heat pump HVAC solutions Kate Houghton continues: "LG’s environmental leadership and award-winning heat pump HVAC solutions make them the perfect partner for Hudson and our longtime focus on responsible refrigerant management and sustainable practices." Darren Gibula said: "By leveraging emerging technologies and thoughtful resources, LG products can help deliver peak performance, energy efficiency, and cost savings, while adapting to the dynamic conditions of residences or buildings."