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Ube Machinery Corporation and Mitsubishi Heavy Industries Plastic Technology Co., Ltd. have agreed to merge their injection molding businesses through a share transfer, forming U-MHI Platech Co., Ltd.
“Ube Machinery Corporation, Ltd. of Ube Industries group, and Mitsubishi Heavy Industries Plastic Technology Co., Ltd. of Mitsubishi Heavy Industries group (MHI), started discussing this integration project last summer.”smart-molding.com
Summarized from public sources; check the original articles before acting on it.