|[October 20, 2013]
Mitsubishi Electric Begins Producing Cooling & Heating Products in Mexico
TOKYO --(Business Wire)--
Electric Corporation (TOKYO:6503) announced today that it has begun
producing the indoor units of commercial air conditioners for the North
American market at Mitsubishi Electric (News - Alert) US, Inc.'s wholly owned
subsidiary company, PIMS, S.A. de C.V., located in Baja California,
This is the latest move by Mitsubishi Electric to expand its
air-conditioning business in North America through a locally integrated
framework for development, production and sales. PIMS reflects
Mitsubishi Electric's commitments to the U.S. market and enhanced
air-conditioning experiences for U.S. customers.
To better meet market needs while strengthening operational
efficiencies, Mitsubishi Electric expanded warehouse space and placed
several offices and its engineering center under one roof near Atlanta,
Georgia in April. It also has upgraded engineering functions by
developing and testing products in the United States.
Mitsubishi Electric began selling ductless air conditioners in 1982.
Today, Mitsubishi Electric US Cooling & Heating Division is America's
No. 1 selling brand of ductless cooling and heating systems. As U.S.
consumers become increasingly energy-conscious, sales of ductless air
conditioners are expected to grow.
PIMS is headed by Minoru Ogawa and has approximately 60 employees.
About Mitsubishi Electric Corporation
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 3,567.1
billion yen (US$ 37.9 billion*) in the fiscal year ended March 31, 2013.
For more information visit http://www.MitsubishiElectric.com
an exchange rate of 94 yen to the US dollar, the rate given by the Tokyo
Foreign Exchange Market on March 31, 2013
About Mitsubishi Electric US
Electric US, Inc., a US affiliate company of Mitsubishi Electric
Corporation, markets photovoltaic panels, cooling & heating
air-conditioning systems, elevators & escalators and semiconductor
devices. For additional information visit http://www.MitsubishiElectric-USA.com.
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