Mitsubishi Heavy eyes closer steel ties with Siemens

Aug 14, 2014

Mitsubishi Heavy eyes closer steel ties with Siemens

Mitsubishi Heavy Industries Ltd. is keen to build a closer partnership with German partner Siemens AG so it can compete better against global rivals, President Shunichi Miyanaga said in a recent interview. Miyanaga said he hopes to explore stronger relations in a business field ...

Mitsubishi Heavy struggles with joint offer for Alstom

Jun 16, 2014

Mitsubishi Heavy struggles with joint offer for Alstom

Mitsubishi Heavy Industries said Monday it was studying various possibilities for a joint deal with Siemens to buy pieces of French power-generation giant Alstom as the offer deadline was set to expire later in the day. MHI and its German partner last week announced ...

| Jun 12, 2014

Mitsubishi eyes bid for Alstom turbine unit

by Elaine Kurtenbach

The possible bid by Mitsubishi Heavy Industries for the turbine businesses of French engineering firm Alstom is part of Japanese efforts to carve out a share of the lucrative global energy infrastructure business. Mitsubishi Heavy and German rival Siemens AG said Wednesday they are ...

Jun 12, 2014

Rival GE plans more lobbying

General Electric Co. plans another round of lobbying meetings with French officials on its $17 billion offer for Alstom SA’s energy assets as Siemens AG weighs a bid with Mitsubishi Heavy Industries Ltd., a source familiar with the matter said. Steve Bolze, chief executive ...

Boeing reports cracks in Dreamliner wings

Mar 8, 2014

Boeing reports cracks in Dreamliner wings

Boeing said Friday that hairline cracks have been found in the wings of some of its 787 Dreamliners that are still in production, due to a manufacturing problem. A Boeing spokesman said the cracks were found in the composite wings, made by Mitsubishi Heavy ...

Dec 20, 2013

Cyber-attack probe inconclusive

The Metropolitan Police Department has given up on its investigation of a 2010 cyber-attack against Japan's biggest defense contractor, unable to confirm the source of the attack.

MHI maintains wartime reparations issue settled

Dec 16, 2013

MHI maintains wartime reparations issue settled

The president of Mitsubishi Heavy Industries Ltd. said the company will maintain its stance that wartime compensation issues related to Korean workers forcibly conscripted as laborers have already been settled. “We will continue to maintain our claim is right,” even if South Korea’s Supreme ...