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Mitsubishi Electric Begins Producing Cooling& Heating Products in Mexico

Aims to meet demand in expanding U.S. air-conditioning market


TOKYO - Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it has begun producing the indoor units of commercial air conditioners for the North American market at Mitsubishi Electric US, Inc.ís wholly owned subsidiary company, PIMS, S.A. de C.V., located in Baja California, Mexico.

This is the latest move by Mitsubishi Electric to expand its air-conditioning business in North America through a locally integrated framework for development, production and sales. PIMS reflects Mitsubishi Electricís commitments to the U.S. market and enhanced air-conditioning experiences for U.S. customers.

To better meet market needs while strengthening operational efficiencies, Mitsubishi Electric expanded warehouse space and placed several offices and its engineering center under one roof near Atlanta, Georgia in April. It also has upgraded engineering functions by developing and testing products in the United States.

Mitsubishi Electric began selling ductless air conditioners in 1982. Today, Mitsubishi Electric US Cooling & Heating Division is Americaís No. 1 selling brand of ductless cooling and heating systems. As U.S. consumers become increasingly energy-conscious, sales of ductless air conditioners are expected to grow.

PIMS is headed by Minoru Ogawa and has approximately 60 employees.


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