International. Mitsubishi Electric Corporation announced that it will invest approximately $18 million to increase production capacity at the company's air conditioning compressor production base, Siam Compressor Industry Co., Ltd (SCI), in Thailand.
Annual production of scroll compressors will eventually expand to 870,000 units, up from 745,000 units. The factory will increase production from October 2022. As part of the expansion, the improved factory will adopt several new environmental measures, such as integrated production processes to shorten production cycles and energy-saving production methods to reduce CO2 emissions.
In the European heating system market, boiler-type heaters that rely on fossil fuels are rapidly being replaced by air-water heat pumps and water heaters in line with Europe's decarbonisation policies. In addition, the need for air conditioners has increased due to stay-at-home protocols implemented in response to the coronavirus.
In the future, the demand for air conditioners for large rooms, especially in the US, is expected to continue to increase. Mitsubishi Electric will now respond to these demands by expanding its production of air conditioning compressors in Thailand to mainly supply the European and US markets.
SCI is a company of approx. 179,000 square meters (construction area: approx. 75,000 square meters), and has 2,186 employees. Capital: approx. 48 million USD. Owned: Mitsubishi Electric Corporation 73 %, Mitsubishi Electric Consumer Products (Thailand) Co., Ltd. 25 % and Kang Yong Electric Public Co., Ltd. 2 %.
