Mitsubishi Electric Power Products Celebrates Grand Opening of New Headquarters and Factory.Energy Editors/Business Editors WARRENDALE, Pa.--(BUSINESS WIRE)--May 9, 2003 Mitsubishi Electric Mitsubishi Electric Corporation (三菱電機株式会社 Power Products Inc. (MEPPI MEPPI Mitsubishi Electric Power Products, Inc. ) announced the grand opening of its new 50,000-square-foot headquarters and engineering office and factory. The celebration began at 10 a.m. with tours of the new facility, followed by a brief ceremony and lunch for employees and guests. The new headquarters and factory bring Mitsubishi Electric's investment in Warrendale to more than $20 million. Just a short walk from MEPPI's original buildings, the new facility occupies a 12-acre site, which will allow a doubling of its office and factory size in the future. It accommodates the MEPPI corporate staff, engineering and administrative personnel of the company's project businesses: Substations, Power Systems, Ozone Water Treatment Systems, Industrial Systems and Rail Transportation. It also houses training facilities, meeting rooms, a video conferencing See videoconferencing. (communications) video conferencing - A discussion between two or more groups of people who are in different places but can see and hear each other using electronic communications. center, cafeteria and a fitness center, which will be available to all of the company's employees. The factory will be used for manufacturing, testing and servicing products for the company's project businesses. With the original offices and factory dedicated to MEPPI's growing circuit breaker circuit breaker, electric device that, like a fuse, interrupts an electric current in a circuit when the current becomes too high. The advantage of a circuit breaker is that it can be reset after it has been tripped; a fuse must be replaced after it has been used manufacturing operation, MEPPI now has an almost 20-acre campus with roughly 150,000 square feet of facilities. MEPPI, a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Mitsubishi Electric Corporation of Japan, began operations in Pittsburgh in 1986 with nine employees. In 1989, MEPPI moved to the Thorn Hill Industrial Park in Warrendale, where it constructed a new office and factory, and began the manufacture and sale of large, high-voltage power circuit breakers Circuit breakers Measures instituted by exchanges to stop trading temporarily when the market has fallen by a certain percentage in a specified period. They are intended to prevent a market free fall by permitting buy and sell orders to rebalance. . The company also provides sales, engineering and service for the electrical transmission and distribution products of TM T&D Corp., the new joint venture company of Toshiba and Mitsubishi Electric in Japan. Today, MEPPI employs more than 250 people supporting the design, manufacture, sale and service of electrical and electronic products for the electric utility, water utility, transportation, industrial and entertainment markets. Founded in 1985, Mitsubishi Electric Power Products is a leading U.S. supplier of equipment, systems and services to utilities and industrials in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and overseas. It supplies electrical and electronic products and services, such as generators, gas insulated substations, large power transformers, generator breakers, lightning arresters, power electronic systems for electrical transmission & distribution, power systems studies, rail propulsion systems, ozone water treatment systems, industrial drive and control systems, and Diamond Vision video display screens. In addition to Thorn Hill Industrial Park, MEPPI has offices in Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. , St. Louis, Orlando, Charlotte, Atlanta and New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of . MEPPI is one of more than a dozen Mitsubishi Electric U.S. companies, which have more than 4,000 employees in 30 locations throughout North America. Sales in fiscal year 2001 were almost $3 billion. More information about MEPPI may be found on its Web site: http://www.meppi.com. |
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