MHI and Vestas Agree to Form Joint-Venture Company

2013-09-27
Mitsubishi Heavy Industries, Ltd. (MHI) has agreed with Vestas Wind Systems A/S (Vestas), a leading manufacturer of wind power generation systems based in Denmark, to establish a new joint-venture company (JV) dedicated to business in offshore wind turbines. Plans call for the new JV to be in place before the end of March 2014.
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