Tokyo, July 12, 2012 - (JCN Newswire) - Mitsubishi Heavy Industries, Ltd. (MHI) has signed an agreement with Imabari Shipbuilding Co., Ltd. in Imabari, Ehime Prefecture, Japan, under which MHI licenses production and marketing of deck machinery. Through licensing, MHI aims to expand market share of Mitsubishi brand deck machinery and, at the same time, respond to requests from Imabari, which looks to enhance business through deck machinery production. The production of licensed machinery is scheduled to be started in April 2013.
Imabari Shipbuilding is the Japan's largest shipbuilder, with the highest new ship building tonnage and ship sales, and builds various types of ship. The licensed deck machineries consist of various configuration types and are capable for use in all ships. Hydraulic pumps and motors, which drive machines, will be supplied by MHI. Imabari plans to build the deck machinery at the shop in Dalian Imaoka Shipbuilding Co., Ltd., a ship block manufacture plant that Imabari has established in Dalian, China.
Deck machinery consists of anchor windlasses, which are used for anchoring and anchor hoisting, and mooring winches, which are used to moor a vessel to a pier or berthing facilities. MHI manufactured its first deck machinery in 1962. Mitsubishi brand deck machinery has built up a solid delivery track record and has won high reputation from customers for their high reliability, and durability.
MHI has licensed deck crane technologies to Jiangsu Masada Heavy Industries Co., Ltd. in Nantong, Jiangsu Province, in 2008, and granted production and marketing of steering gears and deck machinery in the spring of this year. The agreement with Imabari was concluded succeedingly. MHI will further strengthen its aggressive marketing activities for Mitsubishi brand marine machinery, including deck machinery.
About Mitsubishi Heavy Industries
Mitsubishi Heavy Industries, Ltd. (MHI), headquartered in Tokyo, Japan, is one of the world's leading heavy machinery manufacturers, with consolidated sales of 2,820.9 billion for the year ended March 31, 2012. MHI's diverse lineup of products and services encompasses shipbuilding, power plants, chemical plants, environmental equipment, steel structures, industrial and general machinery, aircraft, space rocketry and air-conditioning systems. For more information, please visit the MHI website at www.mhi.co.jp.
Contact:
Mitsubishi Heavy Industries
Hideo Ikuno
h.ikuno@daiya-pr.co.jp
+81-3-6716-5277
July 12, 2012
Source: Mitsubishi Heavy Industries
Mitsubishi Heavy Industries (TSE: 7011) (U.S: MHVYF)
From the Japan Corporate News Network
http://www.japancorp.net
Topic: Licensing Agreement
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