Mitsubishi Lithographic Presses USA, a subsidiary of Mitsubishi Heavy Industries announced that the parent corporation plans to establish a new company which will be focused on printing and paper converting machinery, starting July 1, 2010.
The new entity will be formed by the merger of MHI Paper & Printing Machinery Division and Printing & Paper Converting Machinery Sales Co. New Mitsubishi printing presses sold in North America, Central America and Mexico by MLP U.S.A. all originate from the Paper & Printing Machinery Division.
The new company will handle all business activities associated with Mitsubishi sheetfed, commercial web and newspaper presses, as well as paper converting and box-making machinery. It will be responsible for design, manufacturing, procurement, marketing, quality assurance and after-sales service.
The company explains the change as "an opportunity to implement even more dynamic strategies for product development and localized marketing. By dedicating resources to this area of business, the new company will be able to respond precisely to today's diversified customer need and expand the Mitsubishi brand to emerging markets."
Mitsubishi to Form New Printing Machinery Company
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