Third Factory and Electrical Components Plant Completed at Thai Joint Venture MACO — Mitsubishi Heavy Industries Thermal Systems Expands Production to Strengthen Global Business Development for A/C Units —
- Completion ceremony held on February 7
-
Expansion in production capacity to increase production to 2.7
million pieces by fiscal 2020, a 30% increase compared to fiscal 2015 - Total investment of approximately ¥3.0 billion
TOKYO–(BUSINESS WIRE)–Mitsubishi Heavy Industries, Ltd. (MHI) (TOKYO:7011) Group company,
Mitsubishi Heavy Industries Thermal Systems, Ltd. (MTH), has expanded
production at Mitsubishi Heavy Industries-Mahajak Air Conditioners Co.,
Ltd. (MACO), its joint venture company in Thailand to manufacture and
sell residential and commercial use air conditioning systems. Facilities
at the two existing factories have been expanded and upgraded, and
construction completed and production begun at a new third factory and
electrical assembly works. The aim of the capacity expansion is to
further develop MACO to be a central production facility to meet growing
demand worldwide for residential and commercial air conditioners,
especially in Asia.
A completion ceremony was held at the factory site on February 7. MACO
President Masahiko Sasakura was accompanied by guests from MHI by
Kazuaki Kimura, Senior Executive Vice President, President and CEO of
Industry & Infrastructure business domain, from MTH by Senior Executive
Vice President Kimiharu Takeda, and from the Mahajak Group, the local
partner in MACO, Chairman Chavalit Kanchanachayphoom to cut the ribbon
to announce the open of the new facilities.
MACO was established in 1988, and has production facilities in the
Ladkrabang Industrial Estate in the suburbs of Bangkok. Total investment
for the production expansion was approximately ¥3.0 billion. Of the two
newly-built facilities, the third factory will manufacture plastic and
sheet metal parts for residential and commercial air conditioners, while
the electrical assembly works will mount the electric parts on the
electrical boards, which is one of the key components of air
conditioners.
The increase in production capacity is expected to boost production
volume to 2.7 million pieces by fiscal 2020, a 30% increase compared to
fiscal 2015. It will also enhance productivity through changes in
facilities and production methods, and synchronization of assembly, as
well as strengthen cost competitiveness and reduce inventories of work
in process and finished products.
Mitsubishi Heavy Industries Thermal Systems focuses on establishing an
optimal production structure, such as this investment to expand
production and enhance efficiency at MACO, in order to secure a
competitive advantage in world markets. At the same time, as a
specialist heating and cooling company, it is dedicated to developing
highly competitive products that make everyday lives better for people,
offering innovative thermal solutions, and contributing to the
conservation of the global environment.
About Mitsubishi Heavy Industries Group
Mitsubishi Heavy Industries, Ltd. (MHI), headquartered in Tokyo, is one
of the world’s leading industrial firms with 80,000 group employees and
annual consolidated revenues of around 38 billion U.S. dollars. For more
than 130 years, the company has channeled big thinking into innovative
and integrated solutions that move the world forward. MHI owns a unique
business portfolio covering land, sea, sky and even space. MHI delivers
innovative and integrated solutions across a wide range of industries
from commercial aviation and transportation to power plants and gas
turbines, and from machinery and infrastructure to integrated defense
and space systems.
For more information, please visit MHI’s
website: www.mhi.com/index.html
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Technology, Trends and Tangents, visit MHI’s new online media SPECTRA:
spectra.mhi.com
Contacts
PRESS CONTACT:
Mitsubishi Heavy Industries, Ltd.
Joseph
Hood, +81-(0)3-6716-2168
PR Manager
[email protected]
Fax:
+81-(0)3-6716-5860