Mitsubishi Heavy Industries Puts Arkansas Manufacturing Plant On Hold

Posted by NAW Staff on April 04, 2012 No Comments
Categories : New & Noteworthy

Due to low demand, Mitsubishi Heavy Industries (MHI) will hold off on the construction of a new manufacturing facility planned for Arkansas, Bloomberg reports.

A spokesperson for MHI told Bloomberg that if demand picks up, the company will resume its plans for the plant's construction. MHI did not immediately respond to NAW's requests for comment.

The manufacturing plant – which had a planned initial capacity of 600 MW – was originally due to begin operations in the second half of last year.

The company has recently faced financial troubles resulting from a patent-infringement case filed by GE. The court ultimately ruled against MHI and ordered that the company pay $170 million in damages to GE.

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