Tokyo, Nov 27, 2009 - (JCN Newswire) - Mitsubishi Heavy Industries, Ltd. (MHI) has decided to abolish its Paper & Printing Machinery Division and establish a new company dedicated to printing and paper converting machinery operations effective July 1, 2010. The new company will belong to MHI's Machinery and Steel Structures Headquarters. Specifically the new wholly owned subsidiary will integrate MHI's current operations in printing and paper converting machinery with those of Mitsubishi Heavy Industries Printing & Paper Converting Machinery Sales Co., Ltd., which now handles related sales and after-sales services. Through this integration MHI aims to form a streamlined,
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