Mitsubishi Power Announces $490 Million Investment in Savannah Facility to Support Rising Power Generation Needs

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Postmedia has not reviewed the content. by Business Wire Mitsubishi Power Announces $490 Million Investment in Savannah Facility to Support Rising Power Generation NeedsAuthor of the article:The expansion of Savannah Machinery Works is at the center of Mitsubishi Power’s strategy to grow its American manufacturing capabilities and workforce while supporting increasing customer demand for energy solutions across the Americas.THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.SUBSCRIBE TO UNLOCK MORE ARTICLESSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.REGISTER / SIGN IN TO UNLOCK MORE ARTICLESCreate an account or sign in to continue with your reading experience.Access articles from across Canada with one account.Share your thoughts and join the conversation in the comments.Enjoy additional articles per month.Get email updates from your favourite authors.THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one accountShare your thoughts and join the conversation in the commentsEnjoy additional articles per monthGet email updates from your favourite authorsSign In or Create an AccountLAKE MARY, Fla. & POOLER, Ga. — Mitsubishi Power Americas, Inc. today announced plans to expand its Savannah Machinery Works facility, a key U.S. manufacturing and service center for advanced-class gas turbines, steam turbines and power generation equipment serving customers across the Americas. 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.This advertisement has not loaded yet, but your article continues below.“Savannah has been a critical hub for Mitsubishi Power since 2010, and we are excited to deepen our commitment to the local community with the expansion of Savannah Machinery Works (SMW),” said Brandon Bodie, Vice President, Savannah Machinery Works. “With this expansion, we are investing in our facilities and in our workforce, manufacturing capabilities, and a more resilient supply chain to deliver critical power generation equipment and services to our customers, all while supporting economic growth here in Savannah.”Get the latest headlines, breaking news and columns.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try againThe announcement coincided with the signing of an expansion framework agreement between Mitsubishi Power Americas and Savannah Economic Development Authority (SEDA), formalizing the company’s continued growth in the region. Representatives of both Mitsubishi Power and SEDA, along with representatives from the Georgia Department of Economic Development, elected officials and community leaders attended the announcement event.“Mitsubishi Power Americas’ announcement that they will be expanding is a huge win for Chatham County. This was a very highly competitive project that is one of the largest investments to date on behalf of Mitsubishi Power Americas and will create meaningful new job opportunities for our community. We want to thank SEDA Director of Existing Industry Zachary Ott from our team for his work as well as our partners including the Georgia Department of Economic Development. We look forward to a future groundbreaking ceremony to get the construction phase underway,” said Savannah Economic Development Authority President and CEO Trip Tollison. Mitsubishi Power Americas first broke ground on Savannah Machinery Works in September 2009, building what would become the company’s first complete gas turbine manufacturing facility outside of Japan. Construction of the 430,000 square-foot facility was completed in September 2010, and Mitsubishi Power’s first gas turbine ever produced in the United States shipped from Savannah in October 2012. In June 2023, the facility celebrated the manufacture and shipment of its 50th advanced-class gas turbine.The planned expansion, which is supported by a $490 million investment from Mitsubishi Heavy Industries, Ltd. (MHI), will add 450,000 square feet to the existing facility and create more than 220 new jobs at Savannah Machinery Works. The investment will also serve to enhance Mitsubishi Power Americas’ manufacturing capabilities in Savannah through additional machining capacity, advanced manufacturing technologies, increased material flow efficiency and future-ready production infrastructure. Beyond production capacity, the project is expected to create new opportunities across manufacturing, engineering, quality, maintenance, logistics and support functions.This advertisement has not loaded yet, but your article continues below.Savannah represents a key component of Mitsubishi Power’s broader investment strategy in the Americas, which includes the opening of the company’s newly expanded Power Generation Services Headquarters in Orlando and the planned opening of its new corporate headquarters in Lake Mary in November, with additional expansions planned through 2028.“Meeting the growing demand for power will require investment in facilities, in our supply chain and in our workforce – which is what we’re building here at Savannah Machinery Works,” said Bill Newsom, President and CEO, Mitsubishi Power Americas. “This expansion strengthens American manufacturing and gives our people the advanced capabilities they need as they continue to deliver for our customers and help electricity growth across the Americas for decades to come.”About Mitsubishi Power Americas, Inc.Mitsubishi Power Americas, Inc. (Mitsubishi Power) is creating a future that works for people and the planet through innovative power generation technology and solutions. Our more than 3,500 employees focus on empowering customers in power generation and delivering innovative solutions across North, Central, and South America. Mitsubishi Power’s power generation solutions include gas, steam, and aero-derivative turbines; power trains and power islands; geothermal systems; environmental controls; and services. We also offer solutions that leverage AI-enabled autonomous operation of power plants.Mitsubishi Power is a power solutions brand of Mitsubishi Heavy Industries, Ltd. (MHI). Headquartered in Tokyo, Japan, MHI is one of the world’s leading heavy machinery manufacturers with engineering and manufacturing businesses spanning energy, infrastructure, transport, aerospace, and defense. For more information, visit the Mitsubishi Power Americas website and follow us on LinkedIn.Mitsubishi Heavy Industries (MHI) Group is one of the world’s leading industrial groups, spanning energy, smart infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com or follow our insights and stories on spectra.mhi.com.View source version on businesswire.com: This advertisement has not loaded yet.Notice for the Postmedia NetworkThis website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Read more about cookies here. By continuing to use our site, you agree to our Terms of Use and Privacy Policy.