# JTEKT and Mitsubishi Heavy Industries agree to cooperate in machine tools

JTEKT and Mitsubishi Heavy Industries have reached a basic agreement to cooperate in machine tools and precision tools, including capital participation in Mitsubishi Heavy Industries Machine Tool (MAT). A formal contract is targeted by July 2018.

- Type: Partnership
- Announced: 2017-12-22
- Where: Japan
- Status: announced
- Products: machine tools, precision tools
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Mitsubishi Heavy Industries](https://endata.com/companies/493.md) (partner)
- [JTEKT Corporation](https://endata.com/companies/8792.md) (partner)
- [Mitsubishi Heavy Industries Machine Tool](https://endata.com/companies/18068.md) (partner)

## Sources

- [jtekt.co.jp](https://www.jtekt.co.jp/c/news/2017/002551.html), 2017-12-22: "捷太格特（JTEKT）和三菱重工株式会社就机床领域的合作达成协议"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.