|By Business Wire||
|February 19, 2014 07:20 AM EST||
Fuji Electric Co., Ltd. recently completed a capital investment to take majority share of Tusco Trafo group, headquartered in Samutprakarn, Thailand, and the new company will be known as Fuji Tusco Co., Ltd. The latest move by the power equipment and electronics manufacturer is part of the company’s overall growth plan to expand their Electrical Substation footprint in both the Industrial and Utility markets worldwide, and strengthen their position in the growing global transformer equipment space. Leveraging Tusco’s manufacturing capabilities, Fuji Electric’s North American customers will gain access to competitively priced small to mid-sized power transformers up to 300MVA, 245kV.
“Given Fuji Electric’s 100-year reputation for manufacturing excellence, it was imperative that we seek out a company with the same focus on quality and reliability,” said Phil Charatz, Fuji Electric’s President and CEO. “Tusco is recognized as one of the most influential transformer manufacturers in South East Asia, and bringing transformers to North America will be a valuable option for our Industrial and Utility power transformer customers.”
Production will take place in Fuji Tusco’s state-of-the-art manufacturing facility, combining Fuji Electric’s advanced power transformer technology with Tusco’s efficient manufacturing processes. The transformers will be licensed under the Fuji Electric brand name, and will include Power Transformers, Rectifier Transformers and Furnace Transformers up to 300MVA, 245kV. Fuji Electric also offers large power transformers up to 1000MVA, 745kV, which are produced in their Chiba Works factory in Japan.
“With these additions to our power transformer line-up, we can better support projects for EPC LNG projects, chemical industry expansion projects, industrial and utility substation, power plant GSUs, oil & gas projects, and more,” added Motoyuki Arai, Fuji Electric’s Vice President of Systems for the Americas. “We remain committed to providing our customers complete solutions to meet their evolving needs, and we will continue to expand our product portfolio in the coming years.”
About Fuji Electric Corp. of America
Fuji Electric Corp. of America is a wholly owned subsidiary of Fuji Electric Co., Ltd., and has been responsible for sales and distribution of the company’s products since 1970. Fuji Electric Co., Ltd. began developing power electronics equipment in 1923, and is a global leader in industrial products ranging from semiconductors, HMIs, power supply, and power generation equipment to AC drives and electric vehicle charging stations. For more information please visit www.americas.fujielectric.com or follow us on Twitter @FujiElectricFEA.
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