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Article: A123 Systems, IHI Corp. Sign MJA To Develop Battery Technology Business In Japan.
- Article from:
- Investrend
- Article date:
- October 29, 2009
CopyrightCOPYRIGHT 2009 COMTEX News Network, Inc. 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)
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Oct 29, 2009 (FinancialWire via COMTEX) -- (Comment on this article at http://www.financialwire.net/2009/10/29/a123-systems-ihi-corp-sign-mja-to-develop-battery-technology-business-in-japan/)
October 29, 2009 (FinancialWire) -- A123 Systems (NASDAQ: AONE) and IHI Corp. (TYO: 7013) have entered into a collaborative business development agreement to serve potential customers in the Japanese transportation, industrial and marine markets. Under the terms of a joint marketing agreement, the two companies will pursue new customer opportunities in energy storage in the Japanese market.
IHI is one of the largest heavy industry equipment makers in Japan with ...