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Mitsubishi Heavy Industries Thermal Systems (MTH) is expanding its joint venture MACO in Thailand by building a third factory for parts manufacturing and an electrical components factory. The expansion will increase production volume to 2.7 million units by fiscal 2020, with a total investment of approximately ¥3.0 billion.
“The new facilities are scheduled to begin operations in early 2018, with an expected increase in production volume to 2.7 million units by fiscal 2020, a 30% increase compared to fiscal 2015.”mhi.com
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