Vestas to Lay Off 220 Employees in Denmark and UK
Wind turbine maker Vestas said on Thursday it will lay off 220 employees, primarily in Denmark and Britain, as part of the integration of its onshore and offshore operations.This follows the Danish company's October announcement that it would take full ownership of its joint venture with Mitsubishi Heavy Industries in an $838 million deal to accelerate growth in offshore wind."Integrating and simplifying two companies inherently creates overlaps between functions and it's, therefore, necessary if we want to create a competitive and scalable organization," Vestas Chief Executive
Laborde Products Adds East Coast Sales Rep
In April of 2020, Laborde Products was named the new engine distributor for the East Coast of the United States for Mitsubishi Marine Engines. With the expansion of their territory, Laborde Products recently welcomed Peter Licnikas of Lowell, Mass. to its marine sales team.The Massachusetts Maritime Academy alumnus joins the Laborde team with an extensive resume, including history on both the sales and operations side of the engine business.Licnikas is responsible for growing and representing Mitsubishi Marine Engines along the East Coast as well as Laborde Power Products, which includes Mitsubishi
MHI Vestas Eyes Further Asia Pacific Growth. Appoints Regional Manager
Offshore wind turbine specialist MHI Vestas has appointed Masato Yamada as Regional Manager Asia Pacific to facilitate broader growth across the region.The company, a joint venture between Denmark's Vestas and Japan's Mitsubishi Heavy Industries, said Wednesday Yamada would oversee the company’s growth across the Asia Pacific region. He was formerly the company’s Chief Strategy Officer based in Aarhus, Denmark, and will now be based in MHI Vestas’ Tokyo office."Mr. Yamada has been with MHI Vestas since the formation of the joint venture between the two parent
MHI Appoints Izumisawa President & CEO
Mitsubishi Heavy Industries, Ltd. (MHI) announced executive-level personnel changes effective March 31 and April 1, 2019 and made nominations for Directors to be proposed to the 94th Ordinary General Meeting of Shareholders scheduled for June 27, 2019. MHI also announced the appointment of Seiji Izumisawa as President & Chief Executive Officer (CEO), effective April 1, 2019, and Chief Strategy Officer (CSO), a role he holds currently. He succeeds Shunichi Miyanaga, who will take on the role of Chairman of the Board after six years as MHI's executive leader. These appointments were
Redzic Joins Caterpillar as Digital Enabled Solutions VP
and autonomous technologies, most recently in the automotive industry. He previously served as senior vice president of connected vehicles and mobility services at Renault Nissan Alliance based in Paris, France.Prior to Redzic's role at Renault Nissan Alliance, he held leadership positions at Mitsubishi, Nokia HERE, NAVTEQ, PCTEL, Inc., cyberPIXIE, and Motorola. He holds an MBA from Northwestern University's Kellogg School of Management and a master's degree in computer science from the Illinois Institute of Technology
ZIM Announces Senior Management Changes
joined ZIM in 2005 and held several senior positions, lastly EVP Sales and Customer Service.Additionally, Yair Teitelbaum has been appointed ZIM’s VP Global Sales, effective September 1, 2018.Teitelbaum will join the company after working for Colmobil Corporation, serving as Senior Director of Mitsubishi Motors Israel Division since 2015. Before that he has held various senior positions at Partner Communications Ltd., between 1998-2014, Including Head of Sales Division for the private and business sectors.ZIM also announced that Assaf Tiran, VP Global Customer Service, will join the senior Management
Siemens May Cut Jobs in Power Turbine Business Overhaul
,000 employees worldwide, of which 12,000 are based in Germany. Process Industries had about 45,000 employees last year. Analysts at Berenberg have said they expect that Siemens could ultimately seek to tackle the large gas turbine business by striking a joint venture with a sizeable player, such as Mitsubishi Heavy Industries. Siemens has already taken steps to break up its lumbering conglomerate structure, including merging its rail business with that of French rival Alstom and the listing of its healthcare business planned for next year. According to Manager Magazin, management will present
MHI Announces Executive-level Personnel Changes
Mitsubishi Heavy Industries, Ltd. (MHI) announced executive-level personnel changes effective January 31 and February 1, 2017. Hiroshi Yokota, Senior Vice President, Head of Nagasaki Shipyard & Machinery Works, President of Mitsubishi Heavy Industries Shipbuilding Co., Ltd., will retire January 31, 2017. Masao Miyazaki, currently Fellow, General Manager, Shipbuilding & Ocean Development Division of Commercial Aviation & Transportation Systems, will become Fellow, General Manager, Shipbuilding & Ocean Development Division of Commercial Aviation & Transportation
MHI Welcomrd New Employees
Mitsubishi Heavy Industries, Ltd. (MHI) held a ceremony at Shinagawa Intercity Hall in Tokyo to formally welcome new employees joining the company this year. President and CEO Shunichi Miyanaga addressed the new recruits, about to begin new lives as productive members of society, both as head of one of Japan's leading manufacturing companies and, on a more personal level, as an experienced participant in society. He indicated how they should prepare themselves to serve as MHI employees and expressed his high hopes and strong expectations for their future achievements.
MFET Announces Changes in Executive-level Personnel
Mitsubishi Heavy Industries Forklift & Engine Turbocharger Holdings, Ltd. (MFET) has announced the following executive-level personnel changes effective April 1, 2016. Position, Name, Duties President and CEO Atsushi Maekawa Executive Vice President, Yuichi Makimura, Forklift truck (material handling equipment) business Executive Vice President, (part-time) Yoshiyuki Hanasawa, Engines & Turbochargers (Executive officer of Mitsubishi Heavy Industries, Ltd., Vice President of Energy & Environment domain) Director (part-time,) Hideaki Ninomiya
Robert Smith Joins UniCarriers Sales Team
than 12 years of forklift and aftermarket regional sales experience to his new position. Prior to joining UCA, Smith worked as a marketing supervisor and dealer development manager for CLARK Material Handling Company and a marketing and sales associate, regional manager and sales planning manager for Mitsubishi Caterpillar Forklift America. Smith has a bachelor's degree in business administration and marketing from the University of Kentucky He lives in Lexington, Ky., with his wife and two children.
BHP Bullish on Caval Ridge's Prospects
Yesterday BHP Billiton Coal President, Dean Dalla Valle, was joined by the Hon. Tony Abbott MP, Prime Minister of Australia, and joint venture partner Mitsubishi in a ceremony to open the US$3.4 billion Caval Ridge Mine, which has created around 500 jobs in Queensland. Caval Ridge Mine is the BHP Billiton Mitsubishi Alliance’s (BMA)1 eighth operation in the region and will initially produce up to 5.5 million tonnes per annum of premium quality metallurgical coal. The mine was delivered below budget, and produced its first coal three months ahead of schedule. Mr Dalla Valle said the
BHP Billiton Congratulates Women in Resources
,” Mr Fraser said. “For example, in Queensland, our Daunia and Caval Ridge operations are proving that with a strong commitment, the gender diversity gap in the resources industry can be narrowed. “From the start of development of these projects seven years ago, BHP Billiton Mitsubishi Alliance (BMA) committed to create a diverse workforce at Daunia and Caval Ridge with at least 30 per cent female and 5 per cent Indigenous employees. “The operations offered training for female employees new to the industry and interested in taking on more responsibility. We are now on
MHI Targets Threefold Female Management Increase
Newly Set Target is Aimed to Promote Diversity of Human Resources. Mitsubishi Heavy Industries, Ltd. (MHI) has set a target to increase the number of the company's female managers (in positions of Section Manager and higher) threefold from the current level by 2020. This initiative is being taken in conjunction with MHI's pursuit of diversity management deemed necessary to further accelerate the company's global expansion and to make the leap to a highly profitable enterprise with a business scale of 5 trillion yen. Until now MHI has promoted the active participation of its female employees
France Picks: GE is the One for Alstom
France chose General Electric to form an alliance with Alstom on Friday - rejecting an offer from Siemens and Mitsubishi Heavy Industries - but said the deal still needed some work and added it would buy a 20 percent stake in the hotly-contested company. Economy Minister Arnaud Montebourg said he had used a newly- created state decree to reject both of the existing offers as not being in France's strategic interest, and had formulated fresh demands to GE Chief Executive Jeff Immelt. The decision ended weeks of suspense surrounding one of Europe's fiercest industrial battles in years, but left
France Expects Better GE Offer For Alstom
France expects General Electric to boost its bid for Alstom's power unit in response to a potential joint offer from Siemens and Mitsubishi Heavy Industries, Finance Minister Michel Sapin said on Sunday. Siemens and Mitsubishi are putting the finishing touches on an offer for Alstom's turbine businesses, including a cash element of roughly 9 billion euros ($12.3 billion), according to sources close to the bidders. That compares with the U.S. conglomerate's existing offer of 12.4 billion euros ($16.9 billion) for all of Alstom's energy assets. "Mitsubishi forming an
Laborde Hosts Mitsubishi Training Seminar
Laborde Products hosted a three-day Mitsubishi engine training sminar in Covington, Louisiana for its North American dealers. The company welcomed representatives from all over the continent: Boatswains Locker, Mack Boring & Parts Company, Inc., Sansom Equipment Limited, Frontier Power and Hatton Marine all had participants in attendance, and Ted Hahn, vice president of Mitsubishi Engine North America also came to the seminar. Literature packets, including engine specification sheets and technical drawings were given to all training participants. Discussion topics included installation
