# Mitsubishi Electric to invest ¥26B in new production building at Koriyama plant

Mitsubishi Electric will construct a new production building at its Koriyama Plant in Fukushima Prefecture, investing approximately 26 billion yen to double production capacity for optical communication equipment, wireless communication equipment, and video surveillance systems. Operations are scheduled to begin in January 2018.

- Type: Expansion
- Announced: 2017-08-10
- Where: Koriyama City, Fukushima Prefecture, Japan
- Value: $237.0M (26.0B JPY)
- Starts operating: Jan 2018
- Status: announced
- Capacity: approximately double production capacity
- Products: optical communication equipment, wireless communication equipment, video surveillance systems
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Mitsubishi Electric](https://endata.com/companies/2378.md)

## Sources

- [en.lnews.jp](https://en.lnews.jp/2017/10/j101010.html), 2017-08-10: "The company aims to expand its business by approximately doubling the production capacity for optical communication and wireless communication equipment and video surveillance systems, for which demand is expected to grow in the future."

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