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Mitsubishi Electric will invest 1.44 billion Turkish lira (113 million USD) in a new plant at its MACT subsidiary in Turkey to increase annual capacity for air-to-water heat pumps by 100,000 units and room air conditioners by 300,000 units. Production will begin in February 2024.
“Mitsubishi Electric Corporation announced today that it will invest 1.44 billion Turkish lira (113 million USD) in a new plant at Mitsubishi Electric Air Conditioning Systems Manufacturing Turkey Joint Stock Company (MACT), the company’s air-conditioner production base in Turkey.”miscw.com
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