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Mitsubishi Electric invests £15.3m at Livingston factory
Mitsubishi Electric Air Conditioning Systems Europe is investing £15.3m at its Livingston manufacturing facility to significantly increase its productivity, efficiency and R&D capabilities. The investment, with support from Scottish Enterprise, will help the company to meet increasing European and UK demand for its sustainable, low carbon heat pumps.
Decarbonising heat is a key priority in achieving net zero targets worldwide, with heating accounting for more than 40% of global energy-related CO2 emissions.
The heating products manufactured at Mitsubishi Electric’s Livingston site incorporate air and ground source heat pump technology, which are renewable low carbon alternatives to traditional high carbon heating systems. This reliable, renewable heating technology delivers efficient, sustainable space heating and hot water all year round.
Scottish Enterprise is contributing to the investment project with a wide package of support, including £1.8m of grant funding, creating 55 new jobs and protecting 324 existing jobs. These jobs are well-paid technical and engineering roles that will be required to manage and operate the new processes delivered during the project.
The company’s R&D activity will support the development of next generation heat pump technology in Scotland, including investigating new ‘low global warming potential’ refrigerants and materials.
Following investigations, the company will seek ways to incorporate the outputs into future product manufacturing to create world-leading products that reduce their overall environmental impact, while delivering renewable energy that is urgently required for meeting environmental goals and achieving net zero status.
Earlier this week, as COP26 kicked off in Glasgow, Mitsubishi Electric Air Conditioning Systems Europe signed a Memorandum of Understanding (MOU) with Scottish Enterprise to formalise their alliance. The MOU will enable exploration of a low carbon heat pump centre of excellence in Scotland, as well as helping the company extend its Scottish supply chain and innovation partners, leading to more high quality, green jobs.
Tatsuya Ishikawa, president and CEO of Mitsubishi Electric Europe BV, said: “We believe it is our corporate responsibility to conduct business in a way that contributes to creating new values, a sustainable society and that further supports other businesses that contribute to the environment. In this sense, the MoU we just signed with Scottish Enterprise is an important step towards fulfilling these responsibilities.”
Adrian Gillespie, CEO of Scottish Enterprise, added: “The global transition to low carbon heating creates a huge potential market for companies and their supply chains to tap into. The technology developed by the company in Scotland and exported across Europe demonstrates the pioneering low carbon manufacturing innovation taking place here in Scotland, with global potential.
“The MOU builds on the strong partnership we’ve developed with the company in the 28 years they have operated in Scotland, and marks our commitment to a deeper strategic relationship that will support future growth and jobs for the company, its supply chain and the heat pump sector.”