|By JCN Newswire||
|January 29, 2014 04:58 AM EST||
Mitsubishi Heavy Industries, Ltd. (TSE:7011/"MHI") and Hitachi, Ltd. (TSE:6501/"Hitachi") today announced that Mitsubishi Hitachi Power Systems, Ltd. (MHPS) , the new company to be established by the business integration centered on the thermal power generation systems of MHI and Hitachi in tandem with the launch on February 1, 2014, will launch 58 MHPS group companies (nine companies in Japan and 49 companies in other countries). Among them, four companies, including MHPS, will be newly established, and 30 companies will simultaneously undergo a change of their corporate name. MHPS will closely collaborate with each group company and aims to be No.1 in the world in thermal power generation systems.
A list of the 58 group companies is attached.
About Mitsubishi Heavy Industries
Since its foundation in 1884, Mitsubishi Heavy Industries (MHI) has sought pioneering new monodzukuri (manufacturing) techniques, building the foundations for the development of the entire industry. Today, with environmental and energy issues to the fore, MHI provides people around the world with eco-friendly products, and contributes to society through its involvement in global infrastructure projects and other business activities. For more information, please visit the MHI website at www.mhi.co.jp.
Source: Mitsubishi Heavy Industries
Copyright 2014 JCN Newswire. All rights reserved. www.japancorp.net