TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO:6503) announced today that it will establish a new factory and test tower to strengthen the development and manufacturing capabilities of Mitsubishi Elevator Asia Co., Ltd. (AMEC) in Thailand, which produces elevators and escalators for the global market. The new facilities will raise AMEC’s annual production capacity by more than 50% to 20,000 units. In particular, Mitsubishi Electric will expand output of its flagship NEXIEZ serie