# Mitsubishi Electric invests $143M to retrofit Kentucky factory for heat pump compressors

Mitsubishi Electric is investing $143 million to retrofit its Maysville, Kentucky factory to make variable-speed heat pump compressors, with production expected from October 2027 and an estimated capacity of 1,000,000 compressors per year. The US Department of Energy awarded $50 million to MELCO HVAC US for the project.

- Type: Investment
- Announced: 2024-12-16
- Where: Maysville, Kentucky, United States
- Value: $143.0M
- 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)

## Companies

- [Mitsubishi Electric](https://endata.com/companies/2378.md)
- [MELCO HVAC US, Inc.](https://endata.com/companies/12570.md)

## Sources

- [turbomachinerymag.com](https://www.turbomachinerymag.com/view/mitsubishi-electric-invests-143m-to-retrofit-heat-pump-compressors-factory), 2024-12-16: "Mitsubishi Electric Co. (MEC) is investing $143 million to retrofit a factory in Maysville, KY"
- [dailyenergyinsider.com](https://dailyenergyinsider.com/news/46566-mitsubishi-electric-to-retrofit-kentucky-plant-to-make-heat-pump-compressors/), 2024-12-17: "Mitsubishi Electric Corporation is investing $143.5 million to retrofit a Kentucky factory to make compressors for high-efficiency heat pumps."

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