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| Mitsui to establish new subsidiary company Japan-based Mitsui & Co., Ltd. announced that it has decided to establish Mitsui & Co. Steel Ltd. (MBS), a new subsidiary company involved in trading, marketing and distribution of steel products focusing on Japanese domestic market, by consolidating its 4 existing subsidiaries for steel products; Mitsui Bussan Construction Materials Co., Ltd., Sintsuda Corporation, Mitsui Bussan Plate Processing Corporation, and Mitsui & Co. Stainless and Special Steel Ltd. The objective of establishing MBS is to create a successful steel products company with competitive cost structure and highest efficiency. The streamlining measures are to be implemented by April 1, 2008. write your comments about the article :: © 2007 Construction News :: home page |