TOKYO —
Mitsubishi Electric Corp said Friday it will build a new plant at its factory in the city of Wakayama to produce air-conditioning equipment for use in buildings to meet growing demand in emerging economies, including China.
Mitsubishi Electric plans to bring the new plant into operation in September and raise its annual production capacity from 100,000 units to 150,000 units by investing around 3.5 billion yen, it said. The new plant is also aimed at meeting increased domestic demand for more energy efficient air conditioners.
http://www.japantoday.com/category/business/view/mitsubishi-electric-to-build-new-plant-in-wakayama
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