Article: ITC, Mitsubishi Electric Strengthen Strategic Alliance.

Companies will share technology, other engineering resources

NOVI, Mich., June 22 /PRNewswire-FirstCall/ -- ITC Holdings Corp. (ITC), Mitsubishi Electric Corporation and Mitsubishi Electric Power Products, Inc. (Mitsubishi Electric Power Products) announced today that they are expanding their existing business alliance to develop and produce extra high voltage 765 kilovolt (kV) circuit breakers and 765 kV power transformers.

The companies will concentrate on improving product development lead times, efficiency, technical design, material standardization and life cycle costs. Their efforts will help address a number of transmission industry challenges ...

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