Mitsubishi Electric : Completes New Satellite Component Production Facility
June 31, 2017 at 10:04 pm EDT
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Mitsubishi Electric is one of the world's leading manufacturers of satellite components, most notably structures made with advanced composite materials for the global market. The company has a rich history of providing global satellite manufacturers with solar array panels, structural panels and antennas produced at its Kamakura Works. Over the years, Mitsubishi Electric has developed a substantial share of this market.
The new facility will introduce a number of advanced manufacturing machines, such as high-precision machining equipment and automated welding machines, which will help the factory to double its production capacity. Existing machines currently dispersed throughout the factory will be concentrated in the new facility. The realization of seamlessly integrated production processes ─ from component and panel production to final testing ─ will further increase production efficiency, shorten production time, reduce costs and elevate product quality. This advanced new facility is expected to strengthen Mitsubishi Electric's flexibility and speed in adapting to global market demands.
Together with a new satellite production facility, which is planned to be completed in July 2019 at the Kamakura Works, Mitsubishi Electric is targeting space-related revenue of 150 billion yen by 2021.
Mitsubishi Electric Corporation published this content on 01 June 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 01 June 2017 02:04:22 UTC.
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Mitsubishi Electric Corporation is one of the world's leading manufacturers of electric and electronic equipment. Net sales (including intragroup) break down by family of products and by services as follows:
- industrial automation equipment (28.6%): programmable controllers, motor operators, counters, industrial robots, clutches, etc.;
- electric equipment (24.2%): generators, motors, transformers, power circuit breakers, testing systems, etc.;
- household appliances (22.4%): televisions, video recorders, air conditioners, refrigerators, lamps, vacuum cleaners, etc.;
- information and communication equipment (6.9%): mobile phones, satellites, aerials, medical and audiovisual equipment, servers, computers, etc.;
- electronic components and devices (4.7%): memory, logic integrated circuits, monitors, plasma screens, printed circuit cards, etc.;
- other (13.2%): financial services, real estate management, engineering and maintenance services, etc.
Net sales break down geographically as follows: Japan (52.1%), Asia (24.9%), Europe (11.1%), North America (10.3%) and other (1.6%).