Toshiba Mitsubishi-Electric Industrial Systems Corporation (TMEIC) has formed a new manufacturing subsidiary in North America, TMEIC Power Electronics Products Corporation, to manufacture PV inverters and MV variable frequency drives in North America. Fabrication of PV inverters will commence in the Fall of 2014, followed by MV drives in the Spring of 2015 at the Houston, Texas based facility. The new company aims at USD20M revenue in FY2015 and USD50M in FY2017.
The factory’s production will start with PV Inverters and 4.16kV TMEIC MV Drives. Future plans include MV drives 6.6kV output voltage MV drives. These products will be included in the portfolio of TMEIC Corporation – a systems engineering and solution provider of TMEIC in North America that is headquartered in Roanoke, Virginia.
"This new production capacity is TMEIC’s most recent commitment to serving North American industries. We will continue to integrate our latest and most advanced technologies developed in our power electronics business into the Houston factory in order to satisfy customers’ needs" says Mr. Kiyotaka Machida, President and CEO of TMEIC. "This new factory is one of a series of enhancements to our global production and supply network being developed all over the world, including the Americas, India, and China."