Mitsubishi Electric establishes new company in Turkey

Mitsubishi Electric Corporation, an electronics and electrical equipment manufacturing company, has announced the establishment of Mitsubishi Electric Turkey AS.

The new company will act as a base to expand and support Mitsubishi Electric Group business in Turkey and surrounding regions. Mitsubishi Electric's business in Turkey currently includes air conditioning, factory automation and infrastructure-related products such as satellites, elevator/escalators and electrical equipment for railcars, the company said.

Sales totaled 9.8 billion yen, approximately $112 million, in the previous fiscal year that ended March 2012.