Mitsubishi to Invest $490 Million to Expand Savannah Plant
Mitsubishi Power Americas will invest $490 million to expand its manufacturing facility near Savannah, Georgia, marking the company’s largest investment to date (Power Engineering).
The details: The investment in Savannah Machinery Works will more than double the plant’s manufacturing footprint and create more than 220 jobs, while expanding its “manufacturing capabilities for advanced-class gas turbines, steam turbines and other power generation equipment.”
- The investment will fund advanced manufacturing technologies, additional machining capacity and improvements to production efficiency and material handling.
- In addition, Mitsubishi and the Savanah Economic Development Authority signed an expansion framework agreement to formalize the company’s growth in the area.
Why it matters: Large-frame gas turbines are in high demand as data centers and manufacturers require increasing amounts of electricity.
- “The expanded facility will accelerate Mitsubishi Power’s ability to meet unprecedented power generation needs, with one location that combines advanced manufacturing, a skilled regional workforce and shipping, with port and rail access at the intersection of I-95 and I-16,” Mitsubishi said in a press release.
A larger strategy: Mitsubishi also plans to expand its operations at other locations, including its power generation services headquarters in Orlando, Florida, and its planned new corporate headquarters in Lake Mary, Florida.
Photo credit: Mitsubishi
