Mitsubishi Electric to Rename Thai Subsidiary Siam Compressor Industry

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that its Thai subsidiary, Siam Compressor Industry Co., Ltd., which develops, manufactures and sells compressors for air conditioning and refrigeration equipment, will change its name to Mitsubishi Electric Siam Compressor Industry Co., Ltd. effective April 1.

In addition to supplying Mitsubishi Electric group companies, Siam Compressor Industry provides a wide range of compressors to other air conditioning equipment manufacturers in Thailand and other countries. In line with the name change, products manufactured and sold by Siam Compressor Industry will adopt the Mitsubishi Electric brand. Through this initiative, the company expects to enhance its global recognition and strengthen its ability to attract talented personnel.

Mitsubishi Electric Siam Compressor Industry will target the growing demand for compressors used in air conditioning and refrigeration equipment in diverse applications, including data centers, a market forecasted to experience significant growth. By expanding its subsidiary’s global business, Mitsubishi Electric expects to accelerate its overall growth in the air conditioning and refrigeration systems business.

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