LG PTAC History
LG Electronics USA is a division of LG Group founded in 1947. LG Group is a widely diversified company comprising of thirty six business units manufacturing goods and providing services in the chemical electronics, telecom, lighting systems, consumer appliances, solar energy, and air conditioning. In July 2010 LG Group was ranked 67th in the Fortune 500® list of largest companies with revenue exceeding $100.5 billion, operations in over 60 countries, and employing approximately 186,000 worldwide.
With 15,000 engineers, annual research and engineering investments exceeding $1.7 billion, LG’s commitment to deliver the most stylish, energy efficient, high quality air conditioning products is the reason why we are one of the largest producers of air conditioners in the world holding the world’s largest air conditioning unit manufacturer position 2000-2007; 7 straight years.