Mitsubishi Heavy Industries Ltd <7011.T> : Says it plans to transfer its injection molding machines related business to its wholly owned unit Mitsubishi Heavy Industries Plastic Technology Co Ltd .Says effective date on Jan. 1, 2017.
Mitsubishi Heavy Industries Ltd <7011.T>: Says it to transfer its defense aircraft engine and related business to its unit Mitsubishi Heavy Industries Aero Engines, Ltd. .Says transaction planned effective on April 1, 2017.
General Electric Co
Toshiba Corp <6502.T> :Toshiba America Energy Systems Corp announces relocation of hydro business unit to Charlotte, NC from Littleton, Co, effective Aug. 1.
DOOSAN CO.,LTD <000150.KS> : Says its sub-unit Clark Equipment Co. will merge with unit Doosan Infracore International, Inc. . Says merge ratio is 1:1 . Says merger effective date of June 30 .Says Clark Equipment will survive and Doosan Infracore International will be disoolved after the merger.
Mitsubishi Heavy Industries Ltd <7011.T> : Says it will transfer its engine & turbocharger business to Mitsubishi Heavy Industries Engine & Turbocharger, Ltd. (MHIET), a wholly owned subsidiary .Says MHI takes the formal decision to conclude an absorption-type company split agreement with MHIET enabling the business transfer.
Toshiba Corp:Says totaling 3,449 employees took up the offer of the early-retirement program.Effective date of retirement is March 31.A premium will be added to the normal retirement allowance of eligible applicants.Says eligible applicants will also have the option to receive job-placement assistance.
Orkla ASA:Says is to close at least one factory in Norway.The Gimsøy Kloster factory at Skien will be closed down, and all beverage production will be moved to Kumla, Sweden.The Board has also made a decision regarding the intention to change the company's manufacturing structure at Rygge.At present, Orkla Foods Norge has two factories at Rygge in Østfold county.The proposal entails moving most of the ketchup, mustard and dressing manufacturing operations to Orkla's factory at Fågelmara, Sweden.Orkla Foods Norge wishes to continue to produce Nora vegetables at Rygge, concentrate its operations at one location and build up a logistics centre.A total of around 80 persons are currently employed at the two Rygge factories.If the intended changes are adopted, the plan is to gradually wind down production of ketchup, mustard and dressings at Rygge by the autumn of 2017.The intention is to relocate production of vegetables internally at Rygge in the spring of 2018.
Mitsubishi Heavy Industries Ltd:Signs agreement to transfer compressor business in Hiroshima area owned by the co to its Hiroshima-based wholly owned unit effective on April 1.