Mitsubishi evaluates acquisition of former Textron plant in Orlando

Orlando, Fla., Feb. 28, 2001à‚–Mitsubishi evaluates acquisition of former Textron plant in Orlando; power service and repair center would ultimately create 350 area jobs.

Orlando Service Center to provide support for fast growing electrical power generation equipment market in Western Hemisphere.

Expanding its capacity to meet the growing demand across the Western Hemisphere for

electrical power generation equipment and services, Mitsubishi Heavy Industries America has taken important initial steps to commit to the Orlando area as its Western Hemisphere combustion turbine systems service and repair home.

Under a contract recently signed with Trammell Crow Company, Mitsubishi will evaluate the former Textron Turbine Engine Components facility in Orlando Central Park as a possible future home for its growing power generation service and repair business.

“I am excited about the potential of Mitsubishi to assume business operations in the Orlando area,” said Governor J eb Bush. “This service center will be an excellent addition to the region’ s economic base and growing reputation for high-technology companies.”

According to Mitsubishi Heavy Industries America officials, the facility would be responsible for advanced combustion turbine component repair and manufacturing, and serve as a parts distribution center. “Response by electric power producers over the past year to our advanced F and G series combustion turbine systems has been exceptional. Sales of this equipment typically include long term customer support and maintenance agreements. Providing the support necessary to fulfill the requirements of these agreements drives us to establish such a facility,” said a company representative.

Mitsubishi Heavy Industries America is working closely with the Economic Development Commission of Mid-Florida, Enterprise Florida and Orange County to assist in its evaluation of the site. “Obviously, we are excited about Mitsubishi’s potential expansion into Metro Orlando,” says Darrell Kelley, president and CEO of the Economic Development Commission of Mid- Florida, Inc. “This is a sophisticated company that has done their homework well. What they have found in our region is an existing site that will easily accommodate their manufacturing needs and a skilled workforce, including a number of former Textron employees who are already trained in the turbine manufacturing and maintenance process.”

According to Mitsubishi executives, the Orlando Service Center would provide state-of-the-art response and support systems and engineering for all n w Mitsubishi combustion turbine and combined cycle generation plants in the Americas. The factory would provide the only original equipment manufacturer service capacity of its kind east of the Mississippi in the Southeast US for advanced gas turbine repairs and coatings. This facility would also serve as Mitsubishi ‘ s primary parts distribution center supporting the parts requirements of our customers in the Western Hemisphere. High technology machining and coating of critical spare rotating and stationary blades, as well as the repair of combustor components, would take place in the proposed facility.

A potential office expansion being considered at the site would house a remote monitoring center for all Western Hemisphere Mitsubishi combustion turbines, customer training facilities, a customer call support center, as well as the service headquarters for Mitsubishi’s Western Hemisphere power business.

In response to the rapidly growing demand for high efficiency, reduced emissions large electrical generating equipment, Mitsubishi is supplying an increasing number of global power producers turbine generator systems to meet these requirements.

If feasibility studies now underway for the site conclude successfully, the facility would employ some 60 personnel by the close of 2001, growing ultimately to 350. The workforce would principally include high technology manufacturing and engineering service positions.

The ultimate decision to locate here is conditioned upon receiving various local and state level assistance and incentives.

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