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MHI to reorganize machinery business in U.S.

TOKYO, June 30 Kyodo

Mitsubishi Heavy Industries Ltd. (MHI) said Friday it will reorganize its machine tool and corrugating machinery business in the United States, effective July 1.

MHI Machine Tool USA Inc. (MMT) and MHI Corrugating Machinery Co. (MCMC), wholly owned subsidiaries of the Japanese heavy machinery builder, will be integrated into the corresponding divisions of Mitsubishi Heavy Industries America Inc. (MHIA), also a wholly owned subsidiary of MHI, the company said.

The move is aimed at extending the resources and commitment of MHIA, as well as providing improved customer services, MHI said.

The newly organized machine tool division will be based at MMT headquarters in Illinois, while the corrugating machinery division will be located at the MCMC facility in Maryland, the company said.

Both divisions will be headed by top MHIA officials, MHI said.
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Publication:Japan Weekly Monitor
Date:Jul 3, 2000
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