Mitsubishi Electric invests $143.5 million on heat pump compressor manufacturing plant in Kentucky 

Mitsubishi Electric invests $143.5 million on heat pump compressor manufacturing plant in Kentucky 

Aug. 1, 2024
This will be the first U.S. factory to produce advanced twin-rotary variable capacity compressors.

Mitsubishi Electric US (MEUS) has announced plans to expand manufacturing in Maysville, Kentucky. The company will invest $143.5 million to repurpose an existing manufacturing facility, which will be used to manufacture heat pump compressors. This will be the first U.S. factory to produce advanced twin-rotary variable capacity compressors, which are often manufactured in Asia. The project will create 122 new jobs for the surrounding area.  

What people are saying

In a recent quote, Mike Corbo, president and CEO of Mitsubishi Electric US, said, “Mitsubishi Electric is grateful to the Commonwealth of Kentucky for providing incentives to ensure we maintain our manufacturing presence in the Bluegrass State. Creating technologies that support vibrant and sustainable societies is at our company’s core. This repurposed facility brings the production of compressors for our highly efficient heat pump systems here to the U.S., and with that new jobs and investments in technology that make American homes more comfortable, more sustainable and less expensive to heat and cool. This collaboration is a huge step toward many of our shared goals.” 

Governor Andy Beshear added, “I had the privilege of meeting with Mitsubishi Electric’s leadership during last week’s economic development visit to Japan to discuss our longstanding partnership and how we can continue to grow together. We also discussed the unique opportunity presented by this project, and it is incredible news for the company and for the commonwealth. The establishment of this facility positions Mitsubishi Electric, a leader in all-climate heat pump systems, to take its business to the next level and emphasizes the importance of investing in companies that are committed to U.S. manufacturing. I want to congratulate the company’s leadership on their decision to reinvest in Kentucky.” 

Manufacturers investing in Kentucky

Toyota increases investment in Kentucky facility to $1.3 billion to produce battery electric vehicles
Last year, the company shared that it would invest $591 million into the Toyota Motor Manufacturing, Kentucky facility to establish the company’s first U.S.-assembled battery electric vehicle.

Flexible packaging company invests $99 million into new Kentucky plant
Construction on the 156,000-square-foot flexible packaging plant is expected to begin in 2025 with production beginning in 2026.

WPT Nonwovens opens $19.5 million manufacturing plant in Kentucky
The facility features a 75,000-square-foot manufacturing center that features a carded nonwoven production line.

Auto manufacturers in the news

Despite Record Quarterly Revenue in Q2, Tesla Warns of Slower 2024 Growth
CEO Elon Musk has promised a cheaper EV debuting in the first half of 2025.

Stellantis Preparing Buyouts to Cut Overhead
Voluntary separation packages will be offered to an unknown number of U.S. salaried workers, as the slow economy and high overall expenses impact automakers’ performance.

Major Cybersecurity Breach Affects Auto Manufacturers
Car sales slow and cybercriminals may extort ransomware payment.

Investing in American manufacturing in 2024

This map shows where manufacturers are choosing to invest their resources, whether they are building new production facilities or expanding existing plants.

About the Author

Alexis Gajewski | Senior Content Strategist

Alexis Gajewski has over 15 years of experience in the maintenance, reliability, operations, and manufacturing space. She joined Plant Services in 2008 and works to bring readers the news, insight, and information they need to make the right decisions for their plants. Alexis also authors “The Lighter Side of Manufacturing,” a blog that highlights the fun and innovative advances in the industrial sector. 

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