Fuji Electric Establishes Corporate Office in Sao Paolo, Brazil

  Fuji Electric Establishes Corporate Office in Sao Paolo, Brazil

  Manufacturer Continues Aggressive Growth Efforts in South American Market

Business Wire

EDISON, N.J. -- December 10, 2012

Fuji Electric Corporation of America announced today that it will establish a
corporate office in Sao Paulo, Brazil as part of its ongoing commitment to
increase its business activities throughout Latin America. With a focus on
Brazil, Peru, Chile, and Colombia, Fuji Electric’s South American efforts
began in the 1990’s and have proven to be a profitable venture for the
company. The manufacturer has earned a solid reputation for quality and
reliability in industries such as Energy, Packaging, and Oil & Gas, and hopes
to use their experience to expand into additional markets.

“Establishing an office in South America was an important step towards
achieving our long-term goals and we are excited about the opportunities it
will mean for our businesses,” says Phil Charatz, president and CEO of Fuji
Electric Corp. of America. “With the sixth largest economy in the world^1 and
a steadily growing GDP, Brazil was a natural choice for the location of our
office. We will continue to focus on growth in this region, and other areas
around Latin America, and I am extremely optimistic about Fuji Electric’s
ability to thrive in this marketplace.”

Located at Rua Conselheiro Saraiva, 625, Santana, Brasil, “Fuji Electric
Brazil—Equipamentos de Energia Ltda” will formally commence operations on
January 1, 2013, and will be managed by locally hired staff to ensure smooth
communication with domestic companies. Business Units that will lead the Latin
American effort include: AC Drives; Semiconductors; HMI; Instrumentation &
Control; Distribution & Control Equipment; Photoconductor; Power Generation;
and Industrial Equipment.

About Fuji Electric Corp. of America

Fuji Electric Corp. of America is a wholly owned subsidiary of Fuji Electric
Co., Ltd., and has been responsible for sales and distribution of the
company’s products since 1970. Fuji Electric Co., Ltd. has been developing
power electronics equipment since 1923, and is a global leader in industrial
products ranging from semiconductors, power supply, and power generation
equipment to AC drives and electric vehicle charging stations. For more
information please visit www.americas.fujielectric.com or follow us on Twitter

1. IMF Economic Outlook Database 2012


Fuji Electric Brazil Information
Giuseppe Privitera, 55-11-2283-5991
Doretta Caprarola, 201-490-3933
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