January launch for new MHI companies
Mitsubishi Heavy Industries, Ltd. (MHI) has established two wholly-owned companies as part of its shipbuilding business reorganisation for growth and stability.
Effective 1 January, Mitsubishi Shipbuilding Co., Ltd. will primarily undertake construction of ships that require high-density outfitting and environmental measures, while Mitsubishi Heavy Industries Marine Structure Co., Ltd. will mainly engage in the manufacture of large ships operating on new fuels, and marine structures.
Mitsubishi Shipbuilding Co., Ltd. will consolidate the current capabilities of MHI's various shipbuilding bases (Shimonoseki, Nagasaki, etc.) and function as a business exclusively dedicated to shipbuilding.
Based in Yokohama, it will employ approximately 900 people and grow business in ships that require intensive outfitting such as ferries and vessels used by governmental agencies It will also make social contributions in areas impacting the environment to contribute to sustainable development.
Mitsubishi Heavy Industries Marine Structure Co., Ltd. will carry on construction of large ships making use of the premises and human resources of the Koyagi Plant of MHI's Nagasaki Shipyard & Machinery Works.
With around 600 employees, the company will also expand business in units accommodating new fuels and the manufacture of marine steel structures.
MHI will work closely with the two new companies to help support the development of their operations.
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