Japan to Invest in U.S. Manufacturers
As part of the U.S.–Japan trade framework announced last week, the White House released a list of projects that will receive part of Japan’s $550 billion investment commitment in the U.S.
Energy infrastructure: The government of Japan and various Japanese companies will invest as much as $332 billion in critical energy infrastructure in the U.S. The companies in the U.S. involved in these projects signed Memoranda of Understanding last week with the U.S. Department of Commerce. The projects include:
- Hitachi: The Trump administration highlighted a partnership with Hitachi and GE Vernova on the construction of small modular reactors. “As strongly supported by today’s announcement, Hitachi stands with both governments of Japan and the United States in advancing the global infrastructure and AI innovation,” said Hitachi President & CEO Toshiaki Tokunaga.
- Westinghouse: Read our coverage of the Japanese partnership with Westinghouse on the construction of AP1000 and small modular reactors here.
- Bechtel: The White House also announced plans to “build critical power plants, substations and transmission systems in collaboration with Bechtel and Kiewit.” “We’re honored to play a role in this historic agreement, advancing innovation, AI leadership and America’s energy security,” said Bechtel Chairman and CEO Brendan Bechtel.
Carrier: The investments will also include as much as $20 billion to supply “thermal cooling systems and solutions, including chillers, air handling systems and coolant distribution units essential for power infrastructure in partnership with Carrier.”
Mitsubishi Electric: Under AI investments, the White House listed “up to $30 billion in partnership with Mitsubishi Electric to supply power station systems and equipment for data centers.”
Panasonic: Panasonic will participate in a partnership worth up to $15 billion to “supply energy storage systems and electronic devices and components.”
Toyota: Also announced was a new arrangement with Toyota, which will “export its U.S.-made vehicles to Japan and open its distribution platform in Japan to U.S. automakers, as a result of Japan’s commitment to accept for sale in Japan U.S. manufactured and U.S. safety-certified vehicles without additional testing.”