Posted by Ken Rutherford on Jan 27, 2012

Mitsubishi Electric Cooling & Heating Division Headquarters Breaks Ground in Gwinnett

Metro Atlanta Company Expands into 550,000+ Square Foot Facility

(GWINNETT-METRO ATLANTA January 27, 2012) – Mitsubishi Electric Cooling & Heating (Mitsubishi Electric) announced today that it will expand its operations in Metro Atlanta’s Gwinnett County by moving to a new facility in Suwanee, Georgia. The announcement was commemorated today at a groundbreaking event with Governor Nathan Deal, company executives, community leadership, Industrial Developments International (IDI) and Gwinnett Chamber Economic Development. Mitsubishi Electric has signed a lease with IDI, a leading full-service industrial real estate company, for a build-to-suit building on a 33-acre site at Huntcrest Business Center on Satellite Boulevard.

A division of a U.S. subsidiary of Mitsubishi Electric Corporation, Mitsubishi Electric Cooling & Heating is a leading marketer of Variable Refrigerant Flow (VRF) and split-ductless air-conditioning and heating systems for both commercial and residential use. The company has operated in Gwinnett County since 1992 and employs approximately 200 people. The expansion and consolidation from the company’s current 350,000-square-foot footprint across three buildings to 559,407 square feet in a single location will provide the company more adequate space to support its growth. Nationwide, Mitsubishi Electric expects to employ an additional 60 people in 2012 and projects it will increase its employment to more than 400 employees over the next 10 years.

“We are very excited to be working with IDI once again to expand our facilities in Gwinnett County,” said Bill Rau, senior vice president and general manager, Mitsubishi Electric Cooling & Heating. “In the 20 years we have operated in Gwinnett County, we have outgrown two spaces, and we’re excited to be moving to a new location that will facilitate even more growth and expansion.”

The groundbreaking ceremony took place at the site where Mitsubishi Electric’s corporate headquarters for its cooling and heating division, office and professional training space and warehouse space will be located. Mitsubishi Electric will move into the space in February 2013.

“Mitsubishi Electric plays a significant role in the strength of Georgia’s existing industry base,” said Georgia Governor Nathan Deal. “This expansion and the creation of new jobs for Georgians sends an important message that the resources and assets we provide for our companies allow them to remain competitive here at home and in markets around the world.”

“Mitsubishi Electric’s choice to further expand its local corporate headquarters and operations here in Gwinnett demonstrates a continued commitment to and investment in our community,” said Gwinnett County Chairman Charlotte Nash. “We celebrate the company’s growth and the jobs that will result from this announcement.”

Located off I-85 at Exit 109, Huntcrest Business Center is a 283-acre, mixed-use development, and the Mitsubishi Electric site is one of the last remaining large-scale sites in the development. The facility will be located at 1340 Satellite Boulevard, and Mitsubishi Electric will be able to take advantage of the location’s superior access to I-85, less than half a mile away via Old Peachtree Road (Exit 109).

“We are thrilled a Fortune Global 500 company like Mitsubishi Electric has decided to expand its operations in Gwinnett County,” said Jim Maran, president and CEO of the Gwinnett Chamber of Commerce. “Mitsubishi Electric’s continued commitment to this community will help expand our international business reach, strengthen the county’s commercial tax base and provide quality jobs for our residents.”

The facility will be a premiere business headquarters, training and distribution center offering state-of-the art design and specifications including 30-foot clear ceiling heights, secured truck courts and ample parking. The headquarters will be designed to meet the U.S. Green Building Council’s LEED® certification standards.

“IDI’s team originally designed and developed Mitsubishi Electric’s 176,000-square-foot corporate headquarters and warehouse facility at Shawnee Ridge in 2004, and we are honored to continue the relationship and meet Mitsubishi Electric’s facility needs with a new Class-A facility to accommodate the company’s growth,” said Lisa Ward, vice president of leasing for IDI’s Atlanta office. “This repeat business demonstrates Mitsubishi Electric’s ongoing relationship with IDI built around our local expertise and commitment to quality, and we look forward to continuing to serve them.”

Alan Clayton of Jones Lang LaSalle represented Mitsubishi Electric in the lease transaction, and Lisa Ward represented IDI.

For more information about Mitsubishi Electric Cooling & Heating, visit www.mehvac.com.