Mitsubishi Electric to Build New Engineering Facility at Its Kobe Area Strengthened engineering framework will help to expand infrastructure-system business Business Wire TOKYO -- April 08, 2013 Mitsubishi Electric Corporation (TOKYO:6503) announced today that it will build a new engineering facility in Kobe, Hyogo Prefecture to strengthen its engineering framework as part of expanding the company's infrastructure-system business in fields including public projects, power generation and rolling stock. The 4-billion-yen facility is expected to start operating in April 2014. Mitsubishi Electric expects to expand its infrastructure-system businesses over the medium to long term, especially in view of increasing demand for energy infrastructure. The new facility will help to increase operational efficiency by consolidating engineer workforces engaged in design and development. It will also provide increased space for manufacturing and test-control equipment. Facility Outline Location 1-1-2 Wadasakicho, Kobe, Hyogo Prefecture, Japan Building perimeter Approximately 2,300 square meters Floor space Approximately 15,600 square meters Structure 7-story steel frame Purpose Design-related engineering - Kobe Works Control and monitoring systems for infrastructure systems Resident divisions and main - Energy Systems Center products Power plant/systems and particle-beam processing systems - Transmission & Distribution Systems Center Power transmission/distribution and system-protection systems Groundbreaking April 2013 Scheduled completion March 2014 Start of operations Sequentially from April 2014 Investment Approximately JPY 4 billion - LED lighting - Energy-efficient transformers, Green measures air-conditioners, etc. - Double-pane glass - Approximately 700 square meters of rooftop vegetation About Mitsubishi Electric With over 90 years of experience in providing reliable, high-quality products, Mitsubishi Electric Corporation (TOKYO:6503) is a recognized world leader in the manufacture, marketing and sales of electrical and electronic equipment used in information processing and communications, space development and satellite communications, consumer electronics, industrial technology, energy, transportation and building equipment. Embracing the spirit of its corporate statement, Changes for the Better, and its environmental statement, Eco Changes, Mitsubishi Electric endeavors to be a global, leading green company, enriching society with technology. The company recorded consolidated group sales of 3,639.4 billion yen (US$ 44.4 billion*) in the fiscal year ended March 31, 2012. For more information visit http://www.MitsubishiElectric.com *At an exchange rate of 82 yen to the US dollar, the rate given by the Tokyo Foreign Exchange Market on March 31, 2012 Contact: Media Inquiries Mitsubishi Electric Corporation Katsunobu Muroi, +81-3-3218-2346 Public Relations Division prd.gnews@nk.MitsubishiElectric.co.jp http://www.MitsubishiElectric.com/news/
Mitsubishi Electric to Build New Engineering Facility at Its Kobe Area
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