|
|
Article: MHI to Establish Joint Venture in Thailand with EGAT for Maintenance Services of High-temperature Components of Gas Turbines.(Company overview)
- Article from:
- JCN Newswires
- Article date:
- October 13, 2009
CopyrightCOPYRIGHT 2009 Japan Corporate News Network K.K. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Tokyo, Oct 13, 2009 - (JCN Newswire) - Mitsubishi Heavy Industries, Ltd. (MHI) has concluded an agreement with the Electricity Generating Authority of Thailand (EGAT) to establish a joint venture company (JV) to provide repair services for gas turbine components that are exposed to very high temperatures. The agreement was signed in Bangkok on October 12. The new company, which will be established in November, will target the launch of a service factory in 2012.
The goals of the partners have meshed favorably. MHI's aim is to localize repair services in Thailand, where the gas turbine market is thought to have large growth potential, in order to enhance its ...