https://asia.nikkei.com/Business/Companies/Mitsubishi-Heavy-to-shrink-power-business-before-orders-run-dry
"Manufacturing of combustors and other parts will move from the MHPS factory in the state of Georgia to the company's other U.S. plant in the Florida city of Orlando. The Georgia factory in the city of Savannah will begin shifting away from activities tied to power generation in fiscal 2019, installing facilities to produce industrial machinery. Staff cuts are also under consideration."
"Though Mitsubishi Heavy enjoys high output thanks to past orders, factory utilization is slated to plummet around 2020 without fresh demand. By that year, global demand for new fossil-fuel power facilities should drop by one-half to two-thirds compared with the roughly 160 gigawatts built in 2015.
International competitors face similar strains. U.S. heavyweight General Electric has announced plans to cut its workforce by 12,000, while Germany's Siemens intends a cut of 6,900, primarily in their power businesses."
The end is near...