Wind turbine operations and maintenance company Diamond WTG Engineering & Services Inc., a division of Mitsubishi Heavy Industries, Ltd. (MHI) has relocated its headquarters from California to Portland, Ore.
The company provides products, services and engineering expertise for onshore renewable assets, namely wind turbines. Diamond has also sold 3,615 onshore wind turbines across the U.S.
The relocation process began in 2017 and was completed earlier this year. Diamond will occupy more than 10,000 square feet of office space in downtown Portland, where staff will support its engineering, accounting, supply-chain and commercial functions, as well as its operational and inventory facilities in Texas and New Mexico. The Portland office is located at 1618 SW First Ave.
“Diamond’s decision to relocate its headquarters to Portland reaffirms our leadership in renewable energy and the city’s success in building our position at the epicenter of the green cities industry,” says Mayor Ted Wheeler. “We are proud of our deep history and decades-long relationship with Japan and Japanese companies, which has been of enormous business and cultural benefit to Portland. As we all work together to address climate change, I’m delighted to welcome Diamond to Portland and look forward to seeing the company flourish as a business that shares the city’s commitment to renewable energy.”
“We are very pleased to be in Portland,” notes Diamond’s president and CEO, Harm Toren. “Being close to MHI customers is a priority for us.”
Diamond chose to relocate to Portland partly due to its proximity to MHI customers, lower real estate costs and availability of nonstop flights between PDX and Tokyo.
The firm’s investment in the Greater Portland region represents another foreign direct investment in the region from a firm with roots in Japan. More than 140 Japanese companies are located in Greater Portland.
“Diamond’s relocation to Portland proves that our region remains a choice market for clean tech investment,” notes Matt Miller, senior vice president of business development at Greater Portland Inc. (GPI). “We’re pleased to welcome Diamond to Portland and look forward to supporting the company’s operations in our community.”
The company’s recruitment was also supported by GPI partners Business Oregon, Portland General Electric and Prosper Portland.