October 1, 2018

MHI Compressor Corp. Establishes Local Subsidiary in South Korea Through Joint Venture with Mitsubishi Corp.

TOKYO–(BUSINESS WIRE)–Mitsubishi Heavy Industries Compressor Corporation (MCO), a group company of Mitsubishi Heavy Industries, Ltd. (MHI)(TOKYO:7011), has established MHI Compressor Korea, Ltd. (MCO-K), a joint venture with Mitsubishi Corporation, and began operations today. The new company aims to further cultivate the promising market in South Korea, where it has sold many compressors and drivers. MCO-K was established in Seoul with capitalization of 900 million won (approx. 100 million ye


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