MHI invests $490 million to expand Savannah facility
The expansion adds 450,000 square feet and creates over 220 jobs, strengthening American manufacturing capabilities for power generation equipment.
See the latest news and media coverage for MHI. We track all announcements, press releases, and industry mentions in real time, all in one place.
Diversified industrial engineering and manufacturing group
mhi.comLast updated
In short: MHI posted a 97% jump in Q1 net income and expanded shipbuilding and space operations
The expansion adds 450,000 square feet and creates over 220 jobs, strengthening American manufacturing capabilities for power generation equipment.
The company raised order intake guidance for GTCC and Defense by ¥100 billion each, while also increasing its free cash flow projection significantly due to higher advance payments.
Net income rose 97% to ¥134.6 billion due to higher business profit and favorable exchange rates.
The first two M501JAC turbines will power a data center in Wyoming, representing a $7 billion investment.
Japan is preparing to shift operations of its flagship H3 rocket from the state space agency to Mitsubishi Heavy Industries (MHI), a move aimed at...
Mitsubishi Heavy Industries' revenue for the fiscal year ended March 2026 was 4.9742 trillion yen, with a business profit of 432.2 billion yen.The order backlog...
In Mitsubishi Heavy Industries' Q1, while revenue increased by 16%, business profit grew by 65%.Although some special factors are included, even excluding them, the core...
Through this capital and business alliance, the two companies will combine their technologies and expertise to accelerate joint R&D and real-world deployment of intelligent, autonomous...
Track MHI and your other target companies to get real-time alerts and weekly summaries delivered straight to your inbox.
Browse news for competitors to MHI and other trending companies.