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Concepcion

Bringing Happy Spaces to Life

Concepcion Industrial Corporation (CIC) has been delivering technology that uplifts the Filipino’s way of life – making their lives easier, comfier, and better–for over 50 years and counting. Transforming ordinary places into happy spaces. Bringing happy spaces to life.

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Happier You

As the country’s leading provider of airconditioning solutions, CIC has a wide array of global and local brands that help keep homes and offices cool and comforable

A couple makes delicious food using kitchen appliances manufactured by CIC. Girl feels relaxed with efficient home solutions from CIC.

Happier Mealtimes

CIC brings happiness to Filipino tables with homegrown and world-class refrigerator brands.

A family enjoys CIC's Home Solutions Couple keeps food fresh with the help of CIC - one of the leading refrigerator manufacturers in the Philippines.

Happier Homes

With world-renowned consumer appliance brands, CIC brings happiness to Filipino homes.

Professional enjoys a comfortable working environment with CIC's industrial aircons CIC, one of the biggest home appliances manufacturers in the Philippines, keeps families comfortable at home.

Happier Workspaces

CIC helps businesses build happiness with their world-leading and building industrial solutions

City skyline. CIC serves city residents with efficient home solutions. Woman smiling holding a laptop. CIC makes work spaces more productive with superb commercial air conditioners.

From then until now, we enrich Filipino spaces all over the nation

The Concepcions, Jojo, Robie, Patrick, Menchu, Ton, Herminia, Jose Concepcion Sr., Ronnie Concepcion with Rica. The Concepcion Family - founders of Concepcion Industrial Corporation. Jose Concepcion Sr. - CIC Philippines

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Real Solutions for Real Life

CIC announced a strategic partnership with JS Global APAC Pte Ltd., for the exclusive distribution of “Shark” and “Ninja” branded products in the Philippines

Celebrating 35 years of Filipino Excellence

Condura is the only brand of appliances design by Filipinos with dependable after sales service that comes from the heart. As we celebrate our 35th year, we renew our commitment to excellence by being a leading force in making the Philippines a better place.

COMPANY PROFILE

CIC

Concepcion Industrial Corporation (CIC) is the leading air conditioning and refrigeration company in the Philippines. From a cooling solutions provider, we expanded our portfolio of products and services designed for the needs of every Filipino home and business. With the future in mind, we are at the forefront of creating new solutions through innovation, staying true to our commitment to serve our customers with quality products and services to create happier spaces for all.

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We are one of the Philippines’ most established and leading providers of airconditioning solutions, refrigerators, consumer appliances, and building and industrial solutions. We have a portfolio of six companies – 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).

Learn more about the history of Concepcion

Continued growth and partnerships

CIC has grown from a purely manufacturing company into a diversified corporation forming strategic alliances with global industry leaders in order to provide leading products and services for the Philippine market.

Learn more about the history of Concepcion
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Our Milestones through the years Copy GO THROUGH OUR SUCCESSES

Learn more about the history of Concepcion

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Learn more about the history of Concepcion

Continued growth and partnerships

CIC has grown from a purely manufacturing company into a diversified corporation forming strategic alliances with global industry leaders in order to provide leading products and services for the Philippine market.

Learn more about the history of Concepcion
start
Our Milestones through the years GO THROUGH OUR SUCCESSES

1962

Jose Concepcion Sr. founded Concepcion Industries Inc.

1977

CII signed a licensing agreement with Kelvinator

1987

A Filipino brand for the Filipino people, the Condura brand was established

1995

The air conditioning factory in the LISP Cabuyao, Laguna was built

1997

CCAC was formed through a joint venture with United Technologies Corporation and its subsidiary Carrier Corp.

2006

CDI was formed to strengthen the Condura brand

2009

CCAC acquired a license from Carrier to distribute the Totaline products in the Philippines

2013

CIC had its Initial Public Offering (IPO) in November 2013. CCAC signed a joint venture with the Midea Group.

2014

CCAC signed a joint venture with UTC to distribute the Otis vertical transport solutions in the Philippines

2016

Formed Concepcion Business Services Inc.

2017

CIC’s commercial division was renamed Alstra

2019

Start of CIC’s tech ventures expansion and innovation investments

2020

CIC launches WeCARE and expands its CSR and Emergency Response Programs

2021

CIC launched its online eCommerce platform, ConcepStore

2023

CIC became the exclusive distributor of Shark & Ninja in the Philippines

Learn more about the history of Concepcion

  • 1962 – Milestone
  • 1977 – Milestone
  • 1987 – Milestone
  • 1995 – Milestone
  • 1997 – Milestone
  • 2006 – Milestone
  • 2009 – Milestone
  • 2013 – Milestone
  • 2014 – Milestone
  • 2016 – Milestone
  • 2017 – Milestone
  • 2019 – Milestone
  • 2020 – Milestone
  • 2021 – Milestone
  • 2023 – Milestone
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WHAT WE DO

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We continue to venture towards diverse offerings to touch more Filipino lives. However, our core remains the same: to provide convenience not just to businesses but also to every Filipino home.

JOJO CONCEPCION

CIC's innovative new products helps you build a smart home.
INNOVATING TOWARDS BUILDING BETTER LIVES
Raul Joseph A. Concepcion, CIC Chairmna and CEO
LEADING WITH UNYIELDING PASSION
CIC - a PSE-listed company - values collaboration to achieve goals.
COLLABORATING TOWARDS A UNIFIED GOAL
Plant workers receive continued training at CIC - one of the largest appliance manufacturers in the country.
LEARNING AS THE GREATEST PRINCIPLE TOWARDS WORK

FINANCIAL HIGHLIGHTS

2022: OVERCOMING THE UNPRECEDENTED

CIC generated consolidated full-year net sales of P13.2 billion, 7.6% better than last year, boosted by gradual price increases implemented in 2021 combined with a significant growth in the Commercial segment. The Commercial Business posted a 32.9% growth to P3.4 billion on higher backlog and new orders amid the business activities resumption and more relaxed COVID-related restrictions. Meanwhile, the Consumer Business reached P9.8 billion in net sales, a slight increase of 0.9% from the previous year, led higher by price increases and over 60% growth in the Laundry and Kitchen lines and Parts business segments. However, this was offset by the softer demand for air conditioners and refrigerators due to the shift in consumer behavior amid rising inflation.

P13,175M
SALES
2021
P12, 239M
2020
P10, 765M
P358M
PROFIT AFTER TAX
2021
P378M
2020
P687M

2022 annual report

2022

Annual Report

2022 Annual Report

CIC generated consolidated full-year net sales of P13.2 billion, 7.6% better than last year, boosted by gradual price increases implemented in 2021 combined with a significant growth in the Commercial segment.
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Our Projects

our projects

Iba ang Pinoy

FEATURED VIDEOS

Iba ang Pinoy video
Iba ang Pinoy
VAX Safe video
VAX Safe
Hope for a Happier Tomorrow video
Hope for a Happier Tomorrow
Science of Indoor Living video
Science of Indoor Living