Mitsubishi Electric to Establish New Production Site for Factory Automation Control System Products

Rhea-AI Summary

Mitsubishi Electric Corporation has announced plans to establish a new production site in Owariasahi City, Japan, acquiring 42,000 square meters of land. The facility will focus on manufacturing factory automation control systems starting from April 2025. The company is investing approximately 13 billion yen (around 110 million USD) to meet growing demand in sectors like semiconductors and lithium-ion batteries. Advanced technologies, including 5G communication, will be integrated for efficient production and data management.

Positive

• Investment of approximately 13 billion yen (110 million USD) to expand production capabilities.
• New factory to focus on high-demand sectors such as semiconductors and decarbonization-related products.

Negative

• None.

Increasing production capacity at Nagoya Works

TOKYO--(BUSINESS WIRE)-- Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it has acquired 42,000 square meters of land in Owariasahi City, Aichi Prefecture, Japan to establish a new production site for the manufacture of factory automation (FA) control system products from April 2025.

Demand from the manufacturing industry for FA products is expected to show a medium to long-term growth, particularly in digital sectors such as semiconductors, electronic components, and data centers, as well as for decarbonization related areas such as lithium-ion batteries. To meet such increasing demands, Mitsubishi Electric will invest approximately 13 billion yen (approx. 110 million USD) to establish a new production site in Owariasahi City, which neighbors Nagoya where its main FA production site, Nagoya Works, is located.

The new factory will utilize several advanced technologies such as 5G communication, allowing simultaneous connection of various machines, human workers and automatic guided vehicles (AGVs) as they perform their manufacturing tasks. In parallel, high-speed, real-time data acquisition throughout the factory will provide data sets on all aspects of the production cycle for AI based analysis to realize a safe and flexible production environment.

For the full text, please visit: www.MitsubishiElectric.com/news/

View source version on businesswire.com: https://www.businesswire.com/news/home/20220327005027/en/

Customer Inquiries

Overseas Marketing Department

Factory Automation Systems Group

Mitsubishi Electric Corporation

www.MitsubishiElectric.com/fa/support/

www.MitsubishiElectric.com/fa/

Media Inquiries

Takeyoshi Komatsu

Public Relations Division

Mitsubishi Electric Corporation

Tel: +81-3-3218-2346

prd.gnews@nk.MitsubishiElectric.co.jp

www.MitsubishiElectric.com/news/

Source: Mitsubishi Electric Corporation

FAQ

What is Mitsubishi Electric's new production site for?

The new production site is for the manufacture of factory automation control systems.

Where is the new Mitsubishi Electric production facility located?

The new production site will be in Owariasahi City, Aichi Prefecture, Japan.

When is the new Mitsubishi Electric factory expected to start operations?

The new factory is expected to start operations in April 2025.

How much is Mitsubishi Electric investing in the new facility?

Mitsubishi Electric is investing approximately 13 billion yen (about 110 million USD) in the new facility.

What technology will be utilized in the new Mitsubishi Electric factory?

The new factory will utilize advanced technologies, including 5G communication for enhanced production efficiency.