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Fuji Electric Expands Transformer Offering in North America



  Fuji Electric Expands Transformer Offering in North America

       Company Invests in Thailand’s Tusco Trafo as Part of Growth Plan

Business Wire

EDISON, N.J. -- February 19, 2014

Fuji Electric Co., Ltd. recently completed a capital investment to take
majority share of Tusco Trafo group, headquartered in Samutprakarn, Thailand,
and the new company will be known as Fuji Tusco Co., Ltd. The latest move by
the power equipment and electronics manufacturer is part of the company’s
overall growth plan to expand their Electrical Substation footprint in both
the Industrial and Utility markets worldwide, and strengthen their position in
the growing global transformer equipment space. Leveraging Tusco’s
manufacturing capabilities, Fuji Electric’s North American customers will gain
access to competitively priced small to mid-sized power transformers up to
300MVA, 245kV.

“Given Fuji Electric’s 100-year reputation for manufacturing excellence, it
was imperative that we seek out a company with the same focus on quality and
reliability,” said Phil Charatz, Fuji Electric’s President and CEO. “Tusco is
recognized as one of the most influential transformer manufacturers in South
East Asia, and bringing transformers to North America will be a valuable
option for our Industrial and Utility power transformer customers.”

Production will take place in Fuji Tusco’s state-of-the-art manufacturing
facility, combining Fuji Electric’s advanced power transformer technology with
Tusco’s efficient manufacturing processes. The transformers will be licensed
under the Fuji Electric brand name, and will include Power Transformers,
Rectifier Transformers and Furnace Transformers up to 300MVA, 245kV. Fuji
Electric also offers large power transformers up to 1000MVA, 745kV, which are
produced in their Chiba Works factory in Japan.

“With these additions to our power transformer line-up, we can better support
projects for EPC LNG projects, chemical industry expansion projects,
industrial and utility substation, power plant GSUs, oil & gas projects, and
more,” added Motoyuki Arai, Fuji Electric’s Vice President of Systems for the
Americas. “We remain committed to providing our customers complete solutions
to meet their evolving needs, and we will continue to expand our product
portfolio in the coming years.”

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. began developing power
electronics equipment in 1923, and is a global leader in industrial products
ranging from semiconductors, HMIs, 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
@FujiElectricFEA.

Contact:

Media:
Fuji Electric Marketing Manager
Doretta Caprarola, 201-490-3933
dcaprarola@fecoa.fujielectric.com
or
Sales:
Fuji Electric Sales Manager
Bill Whitehead, 336-602-3892
BWhitehead@fecoa.fujielectric.com
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