MITSUBISHI ELECTRIC announced its plans to construct a new building for photovoltaic (PV) cell production

Tokyo, August 27, 2008 – Mitsubishi Electric Corporation (President and CEO: Setsuhiro Shimomura) announced today its plans to construct a new building for photovoltaic (PV) cell production, the PV Cell Plant #2, at its Nakatsugawa Works Iida Factory in Nagano Prefecture. The company will expand annual production capacity of PV cells in response to a sharp increase in demand for solar power generation systems.

Mitsubishi Electric also intends to accelerate its capital investment plan by one year, and invest a total of 50 billion yen to quadruple its annual PV production capacity from 150 megawatts (present) to 600 megawatts by fiscal 2012 (April 1, 2011-March 31, 2012). The company’s previous plan announced March 19, 2008 was to increase its capacity to 500 megawatts by fiscal 2013.

Location: Iida City, Nagano Prefecture (Located on the grounds of Mitsubishi
Electric Corporation Nakatsugawa Works Iida Factory)
Area: 5,710 square meters
Total floor space: Approximately 24,000 square meters
Completion schedule: December 2009

Mitsubishi Electric Power Products, Inc Expands New Gas Circuit Breaker Facility

WARRENDALE, Penn., June 3, 2008 — Mitsubishi Electric Power Products, Inc. dedicated the expansion of its gas circuit breaker (GCB) factory at 512 Keystone Drive on May 28, 2008. The expansion, which includes a fourth manufacturing bay, a shipping bay and office space will allow Mitsubishi Electric to meet the growing demand for high voltage breakers from its large customer base. Mitsubishi Electric manufactures high voltage breakers through 550KV and has produced and supplied over 10,000 GCBs to North American customers.

Started in 1985 as WM Power Products, Inc., a joint venture between Mitsubishi Electric Corporation and Westinghouse, the company became a wholly-owned subsidiary of Mitsubishi Electric in 1989 and changed its name to Mitsubishi Electric Power Products Inc., in 1990.

In late 1989, the company opened its new US headquarters in Warrendale, including an office and factory/service facility. Subsequent facility expansions occurred during 1998-2000 and in 2003 when the company opened its present headquarters building at 530 Keystone Drive in Warrendale. Last November, Mitsubishi Electric, which has a company workforce of about 500 people, opened a 100,000-sq. ft. plant at 520 Keystone Drive.

Through the years Mitsubishi Electric Power Products has built an outstanding reputation as a leading supplier of high quality equipment, systems and services to the electric utility, water utility, transportation, entertainment and power quality markets in the US and overseas.