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Mitsubishi Electric has announced plans to invest several billion yen to increase production. In a release, the manufacturer said it will pump 6.5 billion yen into expanding its wafer production capacity for power devices by approximately 2.5 times that of the previous fiscal year.

A new report from Siemens Financial Services (SFS) has identified 2.4 billion of capital currently ‘frozen’ (inefficiently deployed or untapped liquidity potential that could be freed up) in the UK industry.    The frozen capital is the result of insufficient use of asset finance to acquire manufacturing plant, equipment and technology.