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The Plant Department within the Unit is responsible for the development, coordination, logistics, insurance, management, investment in, and financing of plant-related business; for plant and equipment financing; and for import, export and third-country plant and equipment transactions. Notably, it invests in industrial projects on a build-own-operate basis (“BOO”) in North America, including with PEMEX, the Mexican state-run oil company. The Industrial Machinery Department deals with CFB (Circulated Fluidized Bed) Boiler for renewable energy, machine tools and parts for photovoltaic cell manufacturers, and pulp and paper machinery. The Power Projects & Infrastructure Department does business development related to the power industry in North America. It explores new areas of power generation, transmission, and delivery of utility-scale and distributed generation, including Engineering, Procurement and Construction (EPC), development, financing, ownership, and operation and maintenance. The Power Projects & Infrastructure Department also partners with North American companies to develop and commercialize new energy technologies and business models in Asia together with MAC’s parent company in Japan, Marubeni Corporation. Through its parent, MAC is able to act as a conduit between North America and Japan for new technologies, products, and business models in the power and energy industries. It continues to support ongoing GE gas turbine component sales to Hitachi, Ltd. through Marubeni Corporation. It is also developing business for Hitachi H25 gas turbine generators in North America. For new business development, MAC is aggressively seeking power generation assets for acquisition. Our aim is to add value to the acquired assets using our global experience of EPC and operation and maintenance.
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