• Bloomberg


Mitsui Engineering & Shipbuilding Co. said Monday it will invest ¥5 billion to raise production capacity by 20 percent to meet demand for ships.

The company will build a factory at its existing facility in Okayama Prefecture, Masahiro Takaoka, a spokesman for the company, said. The new factory, which will start operations next June, will enable the company to increase engine capacity to 6 million horsepower a year, up from 5 million now.

Unable to view this article?

This could be due to a conflict with your ad-blocking or security software.

Please add japantimes.co.jp and piano.io to your list of allowed sites.

If this does not resolve the issue or you are unable to add the domains to your allowlist, please see out this support page.

We humbly apologize for the inconvenience.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.