Mitsubishi Electric Power Products to Build Transformers in Memphis
Monday, February 14, 2011 | 11:34 am$200 Million Investment to Bring 275 HQ and Production Jobs to Tennessee
NASHVILLE – Governor Bill Haslam and Commissioner Bill Hagerty of the Tennessee Department of Economic and Community Development today joined with Brian Heery, president and CEO of Mitsubishi Electric Power Products, Memphis Mayor A C Wharton and Shelby County Mayor Mark Luttrell to announce the company’s decision to invest $200 million to build a production facility for electric transformers in the Rivergate Industrial Park in Memphis, Tennessee, creating up to 275 new jobs. The new facility will produce extra-high voltage shell type power transformers and will be Mitsubishi’s national headquarters for the production of heavy electrical equipment. Mitsubishi Electric Power Products, Inc is part of a business group owned by Mitsubishi Electric Corporation of Tokyo, Japan.
