Japan, July 30 -- Mitsubishi Electric Corporation announced that it will establish a new U.S. company, MEHITS US, Inc., in August to manufacture IT Cooling equipment in Mason, Ohio. MEHITS US will operate under the holding company Mitsubishi Electric US Holdings, Inc. to meet growing demand for IT Cooling systems in the United States, a market expected to continue expanding.MEHITS US will invest approximately USD 30 million in its manufacturing facilities by renovating and repurposing part of a production facility operated by Mitsubishi Electric Automotive America, Inc., a manufacturer and supplier of automotive electrical equipment. Production is scheduled to begin in April 2027. Mitsubishi Electric plans to grow its IT Cooling systems bus...