Mitsubishi Electric to Rename Thai Subsidiary Siam Compressor Industry
Businesswire·2026-02-16 05:00

Core Viewpoint - Mitsubishi Electric is renaming its Thai subsidiary, Siam Compressor Industry Co., Ltd., to Mitsubishi Electric Siam Compressor Industry Co., Ltd. effective April 1, 2026, to enhance global recognition and attract talent [1]. Group 1: Company Strategy - The name change aims to leverage the Mitsubishi Electric brand to strengthen global recognition and improve talent acquisition [1]. - The subsidiary develops, manufactures, and sells compressors for air conditioning and refrigeration equipment, supplying both Mitsubishi Electric group companies and other manufacturers in Thailand and beyond [1]. Group 2: Market Focus - Mitsubishi Electric Siam Compressor Industry will target the growing demand for compressors in air conditioning and refrigeration, particularly in applications such as data centers, which are expected to see significant growth [1]. - The initiative is part of Mitsubishi Electric's strategy to expand its global business and accelerate overall growth in the air conditioning and refrigeration systems sector [1].