Hitachi, Mitsubishi Electric and Mitsubishi Heavy Industries Agree to Discuss Consolidation of Hydroelectric Power …
Tokyo, July 5, 2010 – (JCN Newswire) – Hitachi, Ltd. (NYSE: HIT / TSE: 6501, “Hitachi”), Mitsubishi Electric Corporation (TSE: 6503, “Mitsubishi Electric”) and Mitsubishi Heavy Industries, Ltd. (TSE: 7011, “MHI”) today announced that they have reached a basic agreement calling for the three companies to initiate concrete discussions toward consolidation of their hydroelectric power generation …

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SPMC buys out Mitsubishi in Minola
San Pablo Manufacturing Corp. (SPMC), a subsidiary of CIIF Oil Mills Group and market leader in edible oil domestic industry, has completed acquisition of the 40 percent stake of Mitsubishi Corp. of Japan of its unit Minola Refinery Corp. (MRC). CIIF Oil Mills Group chairman Jesus B. Arranza said the acquisition, which was undertaken on a gradual basis, was completed on Friday, April 23, to mark …

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