Mitsubishi Electric to build $143.5M compressor plant in Maysville, Kentucky

Mitsubishi Electric established MELCO HVAC US Inc. and will invest approximately $143.5 million to build a factory for manufacturing air conditioning compressors at the Maysville, Kentucky facility of Mitsubishi Electric Automotive America. The plant is expected to receive a $5,000 million grant from the U.S. Department of Energy.

“The new company will invest approximately US$143.5 million in equipment to establish a factory for manufacturing compressors for air conditioning equipment.”en.lnews.jp

• 1 source
• en.lnews.jpMitsubishi Electric establishes new company and factory in the US to manufacture compressors for air conditioning equipment - LNEWS (Logistics News)LNEWS編集部 山内Aug 13, 2024

Summarized from public sources; check the original articles before acting on it.