# Mitsubishi Heavy Industries and JTEKT cancel machine tool cooperation talks

Mitsubishi Heavy Industries and JTEKT have mutually agreed to cancel their basic agreement and terminate discussions on a business partnership in machine tools and precision tools, which was announced on December 22, 2017.

- Type: Partnership
- Announced: 2017-12-22
- Where: Japan
- Status: cancelled
- 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

- [seotools.jp](http://www.seotools.jp/news/id_jcn_43663.html), 2017-12-22: "同基本合意をJTEKTとの間で合意解約し、本事業提携の検討及び協議を中止することを決定致しました"

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