# Mitsubishi Heavy Industries to invest $490M expanding Georgia gas turbine factory

Mitsubishi Heavy Industries plans to invest $490 million to add capacity at its Savannah Machinery Works factory in Georgia, operated by Mitsubishi Power Americas, targeting to double large gas turbine production capacity by fiscal 2030 versus 2024.

- Type: Expansion
- Announced: 2023-05-25
- Where: Savannah, Georgia, United States
- Value: $490.0M
- Starts operating: 2030
- Status: announced
- Capacity: double large gas turbine production capacity
- Products: large gas turbines
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Mitsubishi Heavy Industries](https://endata.com/companies/493.md)
- [Mitsubishi Power Americas](https://endata.com/companies/9971.md)

## Sources

- [stockopedia.com](https://www.stockopedia.com/share-prices/mitsubishi-heavy-industries-TYO:7011/news/brief-mhi-to-double-gas-turbine-production-capacity-by-fy2030-from-fy2024-levels-to-meet-data-centre-demand-yomiuri-reports-019eafd9-255f-72c9-bdc7-6b8df41f6354/), 2023-05-25: "MHI TO DOUBLE GAS TURBINE PRODUCTION CAPACITY BY FY2030 FROM FY2024 LEVELS TO MEET DATA CENTRE DEMAND"
- [stockopedia.com](https://www.stockopedia.com/share-prices/mitsubishi-heavy-industries-TYO:7011/news/brief-mitsubishi-heavy-industries-to-boost-us-gas-turbine-production-nikkei-reports-01a19836-f3fb-7014-9bef-2940ded90e4f/), 2023-05-25: "MITSUBISHI HEAVY INDUSTRIES GEARS UP TO BOOST US GAS TURBINE PRODUCTION"

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