# Mitsubishi Electric to invest $143.5M in heat pump compressor factory in Kentucky

Mitsubishi Electric announced a $143.5 million investment to retrofit a factory in Maysville, Kentucky, to produce variable-speed compressors for high-efficiency heat pumps. Production is targeted to start in October 2027 with an initial annual capacity of 1,000,000 compressors.

- Type: Expansion
- Announced: 2024-12-13
- Where: Maysville, Kentucky, United States
- Value: $143.5M
- Starts operating: Oct 2027
- Status: announced
- Capacity: 1,000,000 compressors per year
- Products: variable-speed compressors for heat pumps
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Mitsubishi Electric](https://endata.com/companies/2378.md)
- [Mitsubishi Electric US](https://endata.com/companies/11256.md) (partner)
- [MELCO HVAC US, Inc.](https://endata.com/companies/12570.md) (partner)
- [Mitsubishi Electric Automotive America](https://endata.com/companies/12589.md) (partner)

## Sources

- [businesswire.com](https://www.businesswire.com/news/home/20241212662033/en/Mitsubishi-Electric-to-Establish-Heat-Pump-Compressor-Factory-in-the-U.S.), 2024-12-13: "Mitsubishi Electric Corporation announced today that it will invest U.S.$ 143.5 million to retrofit a U.S.-based factory to make variable-speed compressors that are a key component of high-efficiency heat pumps."

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