Friday, October 5, 2012

Mitsubishi Heavy Industries Is to Create New Company Unit Dedicated to Car Air-Conditioner Business


Mitsubishi Heavy Industries, ltd. (MHI) has recently launched the MHI Climate Control Co., Ltd to operate as the preparatory unit for creating a brand new company, responsible solely for car air-conditioners business.
On September 27, 2012 MHI and MHI Climate Control signed the absorption-type company split agreement under which the latter company is obliged to take over MHI’s car air-conditioner business, starting from January 2013. Then, all the operations launched by MHI Climate Control will be delivered under a new corporate name. While creating a new company, Mitsubishi Heavy Industries is going to focus on establishing the resilient business structure, able to comply with the rules of highly competitive market. The new company will be mainly engaged in manufacturing, engineering and general sales issues of car air-conditioner products and service parts. It’s going to be based in Kiyosu City, Aichi Prefecture and will start operating with the team of 300 employees.

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