MHI To Boost Turbo Capacity in Europe
Posted on August 10, 2005Mitsubishi Heavy Industries, Ltd. (MHI) said it will increase its automotive turbocharger production capacity to meet increasing demand in the European market. MHI said it will boost its annual European production capacity by more than 40% to 1 million units by 2006. Specifically, MHI will invest roughly 1.1 billion yen into MHI Equipment Europe B.V. (MEE), a wholly owned production subsidiary in Almere, the Netherlands, to increase annual production capacity by 300,000 units With this initiative, MHI said its total annual worldwide turbocharger production capacity will reach 3 million units.
The investment at MEE will include the establishment of two new production lines: a processing line for turbine rotors, major components of small turbochargers; and a cartridge assembly line for assembling parts such as turbine rotors, compressor wheels and bearing housings. Both lines will be fully automated.