Daikin America, Inc. is pleased to announce that it has recently acquired the shares of MDA Manufacturing, a former joint venture company between Daikin America, Inc. and 3M.

Daikin America is now 100% owner of MDA Manufacturing. MDA is a manufacturer of chemical intermediates for the fluorine chemical industry located in Decatur, Alabama.

No impact on operations or customers of MDA is anticipated.

Daikin America, Inc., headquartered in Orangeburg, New York, is one of the largest fluoropolymer suppliers in the world. Daikin provides molding resins, fine powders, aqueous dispersions, melt processable fluoropolymers, and fluoroelastomers for many critical applications.

Daikin America is a wholly owned subsidiary of Daikin Industries Ltd of Osaka, Japan. Daikin is Japan’s leading manufacturer of air conditioning and refrigeration equipment, and fluorochemical products.

For further information, please call 1-800-365-9570 or visit www.daikin-america.com.