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TOKYO, April 5, 2024–(BUSINESS WIRE)–Hitachi Industrial Equipment Systems Co. , Ltd. (Headquarters: Chiyoda-ku, Tokyo; President and CEO: Yasuhiro Takeuchi; hereinafter referred to as “Hitachi Industrial Equipment Systems”) and Mitsubishi Electric Corporation (headquarters: Chiyoda-ku, Tokyo; President and Chief Executive Officer: Kei Uruma; “Mitsubishi Electric”) announced that they have agreed to move Mitsubishi Electric’s Nagoya Works distribution transformer business, which develops and manufactures factory automation (AM) systems, to Hitachi Industrial Equipment Systems and integrate its business (the “Business Transfer”). After obtaining approval from the applicable authorities, the assets and other similar parts to the distribution transformer business (development, design, manufacture, sales and maintenance) of Mitsubishi Electric’s plant in Nagoya will be moved to Hitachi Industrial Equipment Systems in stages starting in October 2024. It is scheduled for completion on April 1, 2026. The trade movement does not include transformers manufactured at Mitsubishi Electric’s transmission and distribution systems center at the Ako plant. .
With this business transfer, Hitachi Industrial Equipment Systems will expand its product line of highly energy-efficient and environmentally friendly transformers and drive the expansion of cutting-edge solutions in power distribution systems, primarily in the domestic market. contribute to the sustainable evolution of Japan’s power transmission and distribution network by using the broader IT, OT and product capabilities of the Hitachi Group. Mitsubishi Electric will continue to expand its AM systems business based on its portfolio strategy of investing in priority expansion activities.
The function of distribution transformers is to decrease the voltage of high-voltage electrical power generated through power plants, so that the force can be used to meet the desires of users. They are installed at relay points in the power grid, such as substations. , public facilities, advertising installations and advertising installations.
For the full text, please visit: www. MitsubishiElectric. com/news/
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Contactos
Customer Contacts Power Distribution System Groups Hitachi Industrial Equipment Systems Co. , Ltd. Hitachi Industrial Equipment Systems (hitachi-ies. co. jp)
Factory Automation Systems GroupMitsubishi Electric Corporationhttps://www. MitsubishiElectric. com/fa/support
Media ContactsGlobal Brand & Communications DepartmentSustainability Strategy GroupHitachi Industrial Equipment Systems Co. , Ltd. Global-Communications@hitachi-ies. co. jp
Public Relations DivisionMitsubishi Electric Corporationprd. gnews@nk. MitsubishiElectric. co. jp