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MHI to Integrate AC&R and Automotive Air-Conditioning Businesses Effective January 1, 2018
-- Move To Boost Scale and Efficiency through Consolidation of Technologies and Resources --
-- Move To Boost Scale and Efficiency through Consolidation of Technologies and Resources --
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Tokyo, October 23, 2017 - Mitsubishi Heavy Industries, Ltd. (MHI) is integrating two of its Group companies - MHI Thermal Systems, Ltd. and MHI Automotive Thermal Systems, Ltd. (MCCJ) - effective January 1, 2018. Through consolidation of technologies and resources in air-conditioning & refrigeration (AC&R) and automotive air-conditioning systems, MHI looks to strengthen its global competitiveness while also focusing on building more resilient management. The integration forms part of MHI's wider business reorganization initiative, targeting scale expansion and enhanced operational efficiency.
The new MHI Thermal Systems will reinforce its business portfolio through full utilization of its human resources, and pursue synergies in marketing, technology and production. It will also focus on achieving enhanced business management through cross-organizational integration of resources.
MHI will work closely with the new MHI Thermal Systems to provide all-round support with its development.
| Company name | Mitsubishi Heavy Industries Thermal Systems, Ltd. |
|---|---|
| Head office address | 16-5 Konan 2-chome, Minato-ku, Tokyo 108-8215, Japan |
| Representative | Kaoru Kusumoto, President and CEO |
| Business scope | Design and manufacture of air-conditioning & refrigeration products, automotive air-conditioning systems, and their ancillary products; support of domestic and overseas Group companies |
| Number of employees | Approx. 7,200 |
| Capital | 12,000 million yen (MHI: 100%) |
About MHI Group
Mitsubishi Heavy Industries (MHI) Group is one of the world’s leading industrial groups, spanning energy, smart infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com or follow our insights and stories on spectra.mhi.com.