Concepcion Industrial Corporation is a Philippines-based holding company, which operates through its subsidiaries, Concepcion-Carrier Air Conditioning Company (CCAC), Concepcion Durables, Inc. (CDI), Concepcion-Otis Philippines, Inc. (COPI), Concepcion Business Services, Inc. (CBSI), Cortex Technologies Corporation (CTC), Alstra Incorporated and Teko Solutions Asia Inc. (Teko). The Company’s segments include CCAC, CDI and COPI. The CCAC segment’s products and services include heating, ventilation, and air conditioning, and refrigeration products. CCAC is also supported by a range of distributors, dealers, retailers and technicians who sell, install and service the Company’s products in the industrial, commercial and residential property sectors. The CDI segment is engaged in manufacturing of refrigerators, freezers, laundry and kitchen appliances for domestic market. The COPI segment is engaged in distribution and service of elevators, escalators, moving walkways and shuttle system.