Crafting Excellence
Discover who we are, what we stand for, and how we continue to build better lives for Filipinos through innovation, strong partnerships, and trusted solutions.
Concepcion Industrial Corporation
A heritage of service.
A commitment to progress.
Concepcion Industrial Corporation (CIC) stands as a leading provider of consumer lifestyle and enterprise solutions in the Philippines, driven by a core mission to build better lives for Filipinos. What began as a company focused on cooling technology has grown into a diversified organization, delivering the innovation and reliability required to support the modern needs of Filipino homes, workplaces, and communities.
Founded in 1962 by Jose Concepcion Sr., Concepcion Industries Inc. secured the exclusive license to manufacture and distribute Carrier air conditioners in the Philippines—bringing world-class engineering and comfort to local households. This early commitment to quality, service, and responsible craftsmanship set a permanent foundation for a corporate legacy dedicated to empowering families and uplifting the nation’s standard of living.
Over the decades, CIC has evolved into one of the country’s most trusted solution providers. While capabilities have expanded, the underlying purpose remains steady: to build better lives for Filipinos by creating environments where people can work with ease, rest with comfort, and live with dignity. Through disciplined innovation, CIC continues to strengthen communities and contribute meaningfully to the nation’s forward movement.
Milestones
A Chronicle of Service and Progress
A timeline of Concepcion Industrial Corporation
For over six decades, CIC has been a trusted partner in building better lives for Filipinos. This timeline traces a legacy of disciplined innovation, meaningful partnerships, and an enduring commitment to driving the nation's progress.
Concepcion Milestones
1962
Present
VISION
Our Pledge to Innovate
While the world changes quickly, CIC's commitment to innovation remains constant, leveraging technology and process driven solutions to make Filipino lives better.
CIC believes in innovation with intention and progress that is steady, grounded, and in service of people’s lives. Recognizing the complexity of modern lifestyles, the company works to provide clarity and ease, ultimately building better lives for Filipinos. This vision is rooted in service and care. CIC strengthens relationships as a trusted solutions provider, meeting partner needs with discipline, empathy, and long-term commitment. This steady work drives national progress, shaping a future worthy of the Filipino to Inspire Our World.
Core Values
Anchors of Excellence
The values that ground everything we do—guiding how we serve, collaborate, and deliver meaningful impact every day.
Customer Intimacy
We put our customers’ needs first.
Integrity
We do the right thing always.
Empathy
We truly listen and seek to understand.
Teamwork
We collaborate with joy for happier outcomes.
Excellence
We take pride in delivering meaningful results.
How We Collaborate
Concepcion Industrial Corporation operates principally through six (6) subsidiaries — Concepcion-Carrier Airconditioning Company (CCAC), Concepcion Durables Inc. (CDI), Concepcion Midea Inc. Philippines (CMIP), Concepcion Otis Philippines Inc. (COPI), Concepcion Business Services Inc. (CBSI), and Cortex Technologies Corporation (CTC).
CIC did this by developing leading brands, forming strategic alliances and joint ventures with key partners and investing in facilities and capabilities that continue to build its leadership. It has since then successfully introduced its own brand Condura and introduced the Kelvinator brand, both for airconditioning and domestic refrigerators. Through CIC’s comprehensive knowledge on the industry and end-user needs, the company has been able to build solutions for the evolving consumer demands.
Our Brands
For over half a century, CIC’s portfolio of trusted brands has served Filipino communities with reliable solutions designed to endure.
Enabling Progress Through People and Learning
Constantly Creating Opportunities
Fostering a culture of growth and empowerment
This commitment begins by creating a supportive environment where every individual is encouraged to learn, contribute, and thrive. By quietly investing in continuous development and honoring every voice, CIC cultivates a collaborative culture. This approach enables people to grow with true purpose, allowing them to make a meaningful, lasting impact across the organization and within the communities served.
We embrace learning as a key driver for organization
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Careers
Working at CIC
Explore opportunities to grow your career with a company that values purpose, people, and progress.
Connect With UsExecutive Leadership
Meet the executive leadership team driving corporate vision and empowering strategic growth across all business units.
Group Corporate Structure
| Members |
|
|
|
|
|
|
|
|---|---|---|---|---|---|---|---|
| CIC ownership | 60% | 100% | 51% | 40% (CIC) 12% (CCAC) | 100% | - | - |
| products & services | Airconditioning Services | Domestic Refrigeration | Elevators & Escalators | Consumer Appliances | Shared Services | - | - |
| allied partners | Carrier Corp. | Electrolux | Otis | Midea, Toshiba, Carrier Corp. | - | - | - |
| brands | Carrier, Toshiba, Condura & Kelvinator | Condura, Kelvinator | Otis | Midea, Toshiba | - | Shark & Ninja | - |
| market leadership | - | - | - | - | - | - | - |
Members
-
Concepcion Carrier Air Conditioning Company
- CIC ownership 60%
- products & services Airconditioning Services
- allied partners Carrier Corp.
- brands Carrier, Toshiba, Condura & Kelvinator
- market leadership -
-
Concepcion Durables Inc.
- CIC ownership 100%
- products & services Domestic Refrigeration
- allied partners Electrolux
- brands Condura, Kelvinator
- market leadership -
-
Concepcion OTIS Philippines Inc.
- CIC ownership 51%
- products & services Elevators & Escalators
- allied partners Otis
- brands Otis
- market leadership -
-
Concepcion Midea, Inc.
- CIC ownership 40% (CIC) 12% (CCAC)
- products & services Consumer Appliances
- allied partners Midea, Toshiba, Carrier Corp.
- brands Midea, Toshiba
- market leadership -
-
Concepcion Business Services, Inc.
- CIC ownership 100%
- products & services Shared Services
- allied partners -
- brands -
- market leadership -
-
Cortex Technologies
- CIC ownership -
- products & services -
- allied partners -
- brands Shark & Ninja
- market leadership -
-
Alstra
- CIC ownership -
- products & services -
- allied partners -
- brands -
- market leadership -
Corporate Governance
About Concepcion Family