• Compiled From Kyodo, Bloomberg


Mitsubishi Heavy Industries Ltd. and Nippon Steel Corp. are in talks to consolidate their bridge-construction operations, jockeying for the lead in a market suffering from cutbacks in public works spending, industry sources said Tuesday.

At ¥40 billion, the combined sales of Mitsubishi Heavy Industries Bridge & Steel Structures Engineering Co. and Nippon Steel Bridge Co. were higher than the ¥32 billion of industry leader Yokogawa Bridge Holdings Corp. for the year through March.

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