Mitsubishi Electric to Establish Manufacturing Facility for IT Cooling Equipment in Ohio, U.S.A.

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TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it will establish a new U.S. company, MEHITS US, Inc., in August to manufacture IT Cooling equipment in Mason, Ohio. MEHITS US will operate under the holding company Mitsubishi Electric US Holdings, Inc. to meet growing demand for IT Cooling systems in the United States, a market expected to continue expanding. MEHITS US will invest approximately USD 30 million in its manufacturing facilities by renovatin