Mitsubishi to Establish New Company Dedicated to Printing, Paper Converting Machinery Business

The printing and paper converting machinery market was comparatively firm until last year's global economic crisis. With the crisis, capital investment has dropped sharply and is not expected to recover in the short term. In order to overcome this severe change in the business environment, and also to expand sales in emerging markets, the establishment of a streamlined, resilient company dedicated to this area of business has been a matter of urgent need for MHI.