Mitsubishi Electric Finishes Construction of Superconducting-magnet Plant
Business Wire press release ------- Mitsubishi Electric Corporation (TOKYO:6503) announced that it has completed construction of a superconducting-magnet manufacturing plant at its Transmission and Distribution Systems Center in Ako, Hyogo Prefecture, Japan. The Ako plant will increase the company’s capacity to produce superconducting magnets used in magnetic resonance imaging (MRI) machines, semiconductor-manufacturing equipment and other sophisticated apparatus. Operations will begin sequentially within the month. Mitsubishi Electric is projecting superconducting-magnet sales of nine billion yen by FY2021, up 70 percent from FY2017, supported by an increase in total production capacity by up to 60 percent. To learn more click on the picture below to read the release.