Goodman Global
An American heating, ventilation, and air-conditioning manufacturer operating as part of Daikin's North American business.
Last updated August 26, 2026
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Overview
Goodman Global is an American heating, ventilation, and air-conditioning company whose principal operating business is Goodman Manufacturing. It produces residential and light-commercial HVAC equipment, including air conditioners, heat pumps, gas furnaces, air handlers, evaporator coils, and related comfort-system products. The business is associated with the Goodman and Amana Heating and Cooling brands and is now operated within the North American organization of Japan's Daikin Industries. The company began as a manufacturing business founded by Harold V. Goodman and entered the HVAC sector through its 1982 acquisition of Janitrol. That transaction gave Goodman an established platform in heating and air-conditioning equipment. In 1986, it broadened its offering by adding gas-heating products. The company subsequently pursued a combination of internal expansion and acquisitions. In 1997, under chairman and chief executive Frank H. Murray, Goodman acquired Raytheon Appliances, the predecessor of Amana Corporation. The deal expanded its presence in both appliances and HVAC equipment. Goodman later separated those activities: in 2001, it sold its appliances business to Maytag Corporation and retained the HVAC operation as its principal focus. Goodman's ownership changed several times during the 2000s. Apollo Management acquired the company in 2004 for approximately $1.43 billion. Goodman completed an initial public offering on the New York Stock Exchange in April 2006, but its public-company period was brief. In 2007, it agreed to be acquired by Hellman & Friedman in a transaction valued at approximately $1.8 billion. In 2012, Hellman & Friedman agreed to sell Goodman Global to Daikin Industries for approximately $3.7 billion. The acquisition connected Goodman's established U.S. distribution and manufacturing presence with Daikin's global HVAC technology, manufacturing scale, and product portfolio. A central element of Daikin's North American investment was the Daikin Texas Technology Park near Houston, Texas. Construction began in 2015 on a campus costing more than $400 million, described as the largest investment in Daikin's then 90-year history. Operations ramped up in October 2016, when the first Goodman air-conditioning and gas-furnace units were produced at the facility. Construction concluded in 2017, consolidating HVAC manufacturing, engineering, logistics, and customer-support activities in a campus reported at approximately 4.1 million square feet. The broader site is commonly described as a $417 million investment. Goodman also expanded beyond conventional equipment manufacturing. In 2017, it acquired Motili, a property-technology company, to extend its reach into HVAC service, asset management, and technology-enabled property operations. The move reflected an effort to connect equipment with installation, maintenance, and property-management workflows. The corporate name changed effective April 1, 2022, when Goodman Global's operating company became Daikin Comfort Technologies North America, Inc. Goodman remains a major consumer-facing and channel-facing HVAC brand within Daikin's North American business, even though Goodman Global is no longer an independent public company. Its historical identity is therefore best understood as an American HVAC manufacturer that evolved from an independent founder-led company into a private-equity-owned public company and ultimately into a Daikin operating business.
History
Goodman Global developed from an American manufacturing company founded by Harold V. Goodman into a major HVAC business and, ultimately, a subsidiary of Daikin Industries. Its early corporate identity was not limited to air-conditioning equipment. The company entered the HVAC market in 1982 by acquiring Janitrol, an established equipment business. Four years later, it expanded its range to include gas-heating products, giving it a more complete residential comfort portfolio. After Harold V. Goodman died in 1996, Frank H. Murray became chairman and chief executive officer in April of that year. Murray led an acquisition-oriented phase of the company's development. In 1997, Goodman acquired Raytheon Appliances, the predecessor of Amana Corporation. The transaction added appliances and HVAC units to the company's activities and strengthened its consumer-brand presence. Goodman later changed its portfolio structure by separating the appliance operation from HVAC. In 2001, the appliances business was sold to Maytag Corporation, leaving HVAC as the company's central business. Private-equity ownership followed in the 2000s. Apollo Management acquired Goodman in 2004 in a transaction reported at approximately $1.43 billion. The company then returned to the public markets through an initial public offering completed in April 2006, with its shares listed on the New York Stock Exchange. Its independent public-company status ended soon afterward: in October 2007, Goodman agreed to be acquired by Hellman & Friedman for approximately $1.8 billion. Hellman & Friedman later agreed to sell Goodman Global to Daikin Industries in August 2012. The transaction brought together Goodman's American manufacturing, distribution, and brand capabilities with Daikin's international HVAC technology and industrial scale. Goodman thereafter operated as an independent subsidiary within the Daikin Group, while its products continued to be sold under Goodman and related North American brands. Daikin made a substantial physical and organizational investment in Goodman's North American operations. In 2015, it began constructing the Daikin Texas Technology Park near Houston. The project was reported as costing more than $400 million, with the broader facility commonly identified as a $417 million investment. It represented the largest investment in Daikin's 90-year history at the time. Production operations ramped up in October 2016, when the first Goodman air conditioners and gas furnaces came off the line. By 2017, the approximately 4.1-million-square-foot campus had been completed and was being used to consolidate HVAC manufacturing, engineering, logistics, and customer support under one roof. The company also pursued service and technology adjacency. In 2017, Goodman acquired Motili, a property-technology company. This expanded its potential reach beyond equipment production toward property-management, maintenance, and HVAC asset-service applications. Goodman's legal and operating identity changed again on April 1, 2022, when the company was renamed Daikin Comfort Technologies North America, Inc. The change reflected corporate integration rather than the disappearance of the Goodman consumer brand. Goodman continues to function as an important North American HVAC brand within Daikin's portfolio, with Amana Heating and Cooling also associated with the business. Product-safety activity has been part of the company's recent history. In 2021, Goodman announced a recall concerning plastic drain pans beneath evaporator coils. Under a specified upflow installation with a condensing gas furnace, the pans could overheat, melt, and deform. The reported incidents included fire and smoke damage but no injuries. The recall was expanded in 2024 to include additional installations involving competitor-brand non-condensing furnaces. These events concern particular equipment configurations and do not by themselves establish a broader finding about the company's entire product range.
- 2022
Operating company renamed
[1]Goodman Global's operating company became Daikin Comfort Technologies North America, Inc.
- 2017
Texas campus completed and Motili acquired
[1]The large Texas campus was completed, and Goodman acquired property-technology company Motili.
- 2015
Daikin Texas Technology Park construction begins
[1]Daikin began construction of its major Texas manufacturing and technology campus.
- 2012
Acquired by Daikin Industries
[1]Daikin agreed to acquire Goodman Global for approximately $3.7 billion.
- 2007
Hellman & Friedman acquisition agreement
[1]Goodman agreed to be acquired by Hellman & Friedman in a transaction valued at approximately $1.8 billion.
- 2006
Initial public offering
[1]Goodman completed an IPO and listed on the New York Stock Exchange.
- 2004
Apollo Management acquisition
[1]Apollo Management acquired Goodman for approximately $1.43 billion.
- 2001
Appliances business sold to Maytag
[1]Goodman separated its appliance operation from HVAC and sold the appliance business to Maytag.
- 1997
Raytheon Appliances acquired
[1]Goodman acquired Raytheon Appliances, the predecessor of Amana Corporation.
- 1996
Frank H. Murray becomes chairman and CEO
[1]Following Harold V. Goodman's death, Frank H. Murray assumed leadership in April.
Products and positioning
A broad-market HVAC manufacturer emphasizing dependable residential and light-commercial equipment, contractor distribution, integrated product systems, and value-oriented access to Daikin engineering and manufacturing resources.
Residential HVAC
Goodman air conditioners
Goodman's air-conditioning systems are central residential cooling products distributed through the North American HVAC channel. They are commonly sold as part of matched systems with Goodman air handlers, evaporator coils, furnaces, or other indoor equipment. The product family represents one of the brand's core offerings and is manufactured within Daikin's North American operating structure.
Residential HVAC
Goodman heat pumps
Goodman heat pumps provide both heating and cooling in a single electrically driven HVAC system. They are part of the brand's residential comfort portfolio and can be paired with indoor air-handling and coil equipment. Specific models and configurations vary by market and product generation.
Residential heating · 1986
Goodman gas furnaces
Gas furnaces are a longstanding part of Goodman's product range, added after the company's 1982 entry into HVAC. They are used in forced-air residential heating systems and are often installed with Goodman cooling equipment, indoor coils, and air handlers to form a complete comfort system.
HVAC system components
Goodman air handlers and evaporator coils
Goodman supplies indoor air-handling equipment and evaporator coils used with its air conditioners, heat pumps, and other matched HVAC systems. These components support system integration in replacement and new-installation applications. Evaporator-coil drain pans were the subject of a product recall announced in 2021 and expanded in 2024.
HVAC brand · 1997
Amana Heating and Cooling
Amana Heating and Cooling is the HVAC brand associated with the business acquired through Goodman's 1997 purchase of Raytheon Appliances, the predecessor of Amana Corporation. The brand broadened Goodman's North American HVAC presence and remains linked to Daikin's regional comfort-products portfolio.
Brand decisions
2022
Corporate name changed to Daikin Comfort Technologies North AmericaStrategyBackground
Goodman had operated under Daikin ownership for nearly a decade.
Action taken
Effective April 1, 2022, the operating company was renamed Daikin Comfort Technologies North America, Inc.
Aftermath
The legal operating identity became more closely aligned with Daikin, while Goodman continued as a North American HVAC brand.
2017
Motili acquisitionM&ABackground
Goodman sought to extend its HVAC market reach into property technology and service-related workflows.
Action taken
Goodman acquired Motili, a property-technology company.
Aftermath
The acquisition expanded Goodman's connection with property operations and technology-enabled HVAC asset management.
2015
Investment in Daikin Texas Technology ParkStrategyBackground
Daikin sought to expand and consolidate its North American HVAC manufacturing, engineering, logistics, and customer-support capabilities.
Action taken
Daikin began building a large technology and manufacturing campus near Houston, Texas, for more than $400 million.
Aftermath
The campus began producing Goodman equipment in 2016 and was completed in 2017, consolidating major operations.
Project investment. $417 million (2015-2017 project)
2012
Sale to Daikin IndustriesM&ABackground
Goodman had passed through private-equity ownership and was operating as a major American HVAC manufacturer.
Action taken
Daikin Industries acquired Goodman Global from Hellman & Friedman for approximately $3.7 billion.
Aftermath
Goodman became an independent subsidiary within the Daikin Group and gained access to Daikin's global HVAC resources.
Acquisition value. $3.7 billion (2012 transaction)
2001
Exit from the appliances businessStrategyBackground
After acquiring Raytheon Appliances and its successor Amana-related operations, Goodman separated its appliance activities from HVAC.
Action taken
The appliance business was sold to Maytag, allowing Goodman to concentrate on HVAC.
Aftermath
Goodman became more clearly focused on heating, ventilation, and air-conditioning equipment.
Recent events
- 2024
Evaporator-coil drain-pan recall expanded[1]
Recall
The drain-pan recall was expanded to cover additional installations involving competitor-brand non-condensing furnaces in an upflow configuration.
- 2022
Goodman operating company renamed Daikin Comfort Technologies North America[1]
Leadership change
Effective April 1, 2022, the operating company was renamed Daikin Comfort Technologies North America, Inc., reflecting its integration into Daikin's North American structure.
- 2021
Goodman evaporator-coil drain-pan recall[1]
Recall
Goodman announced a recall of certain plastic evaporator-coil drain pans that could overheat, melt, and deform when installed with a condensing gas furnace in an upflow configuration. Reports cited fire and smoke damage but no injuries.
- 2017
Goodman acquires Motili[1]
M&A
Goodman acquired property-technology company Motili to broaden its connections with HVAC service, property operations, and technology-enabled asset management.
- 2016
Daikin Texas Technology Park begins Goodman production[1]
Product launch
The new Texas campus began operations and produced its first Goodman air-conditioning and gas-furnace units as Daikin expanded its North American manufacturing base.
- 2012
Goodman Global acquired by Daikin Industries[1]
M&A
Daikin Industries agreed to acquire Goodman Global from Hellman & Friedman for approximately $3.7 billion, bringing the American HVAC manufacturer into the Daikin Group.
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