MLP USA’s Parent Corporation to Launch New Company

LINCOLNSHIRE, Ill.—MLP U.S.A. Inc., a subsidiary of Mitsubishi Heavy Industries, Ltd. (MHI), announced that its parent corporation plans to establish a new company dedicated to advancing MHI’s printing and paper converting machinery business, effective July 1, 2010.

The new company will streamline Tokyo-based MHI’s existing operations related to the manufacture, marketing, and support of printing and paper converting machinery. The resulting flexible business structure will enable MHI to successfully compete with other enterprises specializing in this segment of industry.