# Mitsubishi Electric to retrofit Kentucky factory for heat pump compressors

Mitsubishi Electric will invest US$143.5 million to retrofit its Maysville, Kentucky factory to make variable-speed heat pump compressors, with production targeted for October 2027 and initial annual capacity of 1,000,000 compressors. The U.S. Department of Energy is providing a $50 million award.

- Type: Expansion
- Announced: 2024-12-13
- Where: Maysville, Kentucky, United States
- Value: $143.5M
- Status: announced
- Capacity: 1,000,000 compressors per year
- Products: variable-speed heat pump compressors
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md), [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Mitsubishi Electric Europe](https://endata.com/companies/6318.md)
- [MELCO HVAC US, Inc.](https://endata.com/companies/12570.md)
- [Mitsubishi Electric Automotive America](https://endata.com/companies/12589.md)
- [Mitsubishi Electric](https://endata.com/companies/2378.md) (investor)
- [U.S. Department of Energy](https://endata.com/companies/11453.md) (investor)
- [Mitsubishi Electric Trane HVAC US](https://endata.com/companies/12590.md) (customer)

## Sources

- [mitsubishielectric.com](https://www.mitsubishielectric.com/en/pr/2024/1213/), 2024-12-13: "Mitsubishi Electric Corporation announced today that it will invest U.S.$ 143.5 million to retrofit a U.S.-based factory to make variable-speed compressors."
- [coolingpost.com](https://www.coolingpost.com/world-news/us-plant-will-produce-1-million-heat-pump-compressors-per-year/), 2024-12-13: "Mitsubishi Electric will begin US production of variable-speed heat pump compressors in October 2027, following the $143.5m retrofit of its Kentucky-based auto parts factory."
- [achrnews.com](https://www.achrnews.com/articles/163872-mitsubishi-to-revamp-us-plant-for-compressor-production), 2024-12-17: "Mitsubishi Electric Corp. will spend $143.5 million to retrofit a factory in Maysville, Kentucky, to make the variable-speed compressors."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.