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06/04/2008 Mitsubishi Electric Power Products, Inc., Meeting Presentation

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06/04/2008 Mitsubishi Electric Power Products, Inc., Meeting Presentation v "4Changes for the Better Mitsubishi Family of Companies MEPPI Introduction .44~ "44 4 ,~44'.44' 4~4 ~~4'4444..4 44 444 4 4 444~ 444 -4 4 -4 4,44 -44.4~44 -4-44;-4,44 .4 4 44\4444 44 4~}.4 444 4' 44 .44' -4 44 4' 4 4 4. 4 4 444 ~ .4.444 4 -- 44 444-4 .4 -4 4'44 ,444 /4 44 444' 4444 44..44.444.4 4"~4 44.4. '44.4 '4' 44 4'4.4444~ 44 4, -4~;4444 444 .4.4.44k. MITSUBISHI ELECTRIC POWER PRODUCTS, INC. 7~~> Mitsubishi Family of Companies Overview ) Over 40 Companies " Mitsubishi established in 1921 " Mitsubishi headquarters dissolved in 1945 " Each MitsLibishi company is a separate entity and operates independently Largest Mits ubishi Companies " Mitsubishi Heavy Industries (MHI) " Mitsubishi Electric Corporation (MELCO) " Mitsubishi Corporation (MC) - Trading " Mitsubishi Motors Corporation (MMC) " Bank of Tokyo - Mitsubishi UFJ (MUFG) " Nikon Corporation - Cameras & Optical 2 ELECTRIC IJAMITSUBISHI t1 POWER PRODUCTS, INC. MELCO North America Operations )Mitsubishi Electric US Holdings " Mitsubishi Electric & Electronics USA (MEUS) " Mitsubishi Digital Electronics USA (MDEA) " Mitsubishi Electric Automation (MEAU) , Mitsubishi Electric Automotive America (MEAA) " Mitsubishi Electric Research Laboratories (MERL) " Mitsubishi Electric Power Products (MEPPI) Mitsubishi Electric America Foundation SMitsubishi Electric Finance America 3 MITSUBISHIPOWER PRODUCTS, ELECTRIC INC. Mitsubishi Electric Power Products, Inc (MEPPI)- History WM Power Products, Inc - Originally formed and incorporated in December 1985 as a 50/50 joint venture between Westinghouse and MELCO * MELCO (a Westinghouse licensee) continued to design and manufacture electrical equipment that Westinghouse discontinued MELCO bought out Westinghouse share in February 1989 " Became MEPPI, a wholly owned subsidiary of MELCO " However, MELCO continued to work through Westinghouse as an OEM for nuclear products in the USA and other Westinghouse nuclear power plants Changing US nuclear scene has changed commercial strategy of Mitsubishi nuclear companies (MHI & MELCO) Mitsubishi nuclear companies are entering the USA market independent of Westinghouse * Mitsubishi Nuclear Energy Systems, Inc (MNES) is wholly owned subsidiary of MHI * Mitsubishi Electric Power Products, Inc (MEPPI) is wholly owned subsidiary of MELCO MITSUBISHI ELECTRIC 4 POWER PRODUCTS, INC. Mitsubishi Electric Power Products, Inc (MEPPI) Products and Functions SComprised of two business groups * Power Systems * Public Utility Systems SRapidly growing company SCompany functions * Sales of MELCO products in North America * Manufacturing of selected MELCO products Project Management Engineering Services 0 Power system studies and analysis * Power system simulator capabilities * Product line support " Training " Field service * Spare parts MITSUBISHI ELECTRIC 5 APOWER PRODUCTS, INC. MELCO and MEPPI Relationship ~MELCO President & CEO MU ýýPresidenit& CEO- corporate services<:P ,. [M EUS k- I ___________ ) I Bull1ding7Sy~ste~ms [,,:•::~ Qj;!Atomt eEuipmnt;i::•i] 6 ,MITSUBISHI ELECTRIC A INC. POWER PRODUCTS, MEPPI Total Headcount ~a& ~ *4 -> Number of Personnel 700 600 500 400 " PUG *PSG 300 O CORP 200 100 0 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 Number of Contract Workers Included 69.5 51.5 34.5 33.5 35.5 7 A •MITSUBISHIPOWER PRODUCTS, ELECTRIC INC. MEPPI - Power Systems Group (1/3) ~MV Vacuum Circuit Breakers = _j JEW4zff 7z= MITSUBISHI ELECTRIC 8 -]POWER PRODUCTS, INC. MEPPI - Power Systems Group (2/3) 9 MITSUBISHI ELECTRIC Il POWER PRODUCTS, INC. MEPPI - Power Systems Group (3/3) I IGas Insulated Substation IMainansfo I~ TurbIne Generato 10 A POWERMITSUBISHI PRODUCTS, ELECTRIC INC. Public Utility Group (1/2) 11 AMITSUBISHI ELECTRIC POWER PRODUCTS, INC. Public Utility Group (2/2) 12 AMITSUBISHIPOWER PRODUCTS, ELECTRIC INC. MEPPI Locations Headquarters & Factories - Warrendale, PA (near Pgh) Regional Sales Offices - Charlotte, Chicago, Dallas, Houston, Los Angeles, New York, Phoenix, Pittsburgh, Princeton, St. Louis, Tampa Other Offices - * New York (Transportation) Orlando (Generation) . OR .............. MN wY/ .. L.. M ?Princeton PA NYC ------- -Pittsburgh w CO St Louis WV _os Angeles .,"i,¢ KY .: .............., NC NM ....... Charlotte MS AL CA LAL . Orlando • MITSUBISHI ELECTRIC 13 POWER PRODUCTS, INC. MEPPI Campus Near Pittsburgh p 14 A lMITSUBISHI ELECTRIC POWER PRODUCTS, INC. 547 Building Layout ... .. .. ~i N= 'I. 9 L4~ ~ d (~ ~;*i~ ir' [ P .NNuclear le I&C V&VV F1- ~acility MITSUBISHI ELECTRIC 15 A.[ POWER PRODUCTS, INC. Nuclear V&V Facility at MEPPI V.. 17, - I'm?. gig -w.,• • 1 . I ,I., - •. •.. •-•_ ,,.• •: •••.... _. •'• • 4 V POWER PRODUCTS, INC. Questions? M Nali~uaI Aviuly •w Nxt~ XxAW4- A Lxg nt MITSUBISHI ELECTRIC 17 POWER PRODUCTS, INC..
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