Dec 19, 2022 | Business
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Feb 22, 2022 | Business
Mitsubishi Heavy Industries Marine Machinery & Equipment Co., Ltd. (MHI-MME), a Mitsubishi Heavy Industries (MHI) Group company based in Nagasaki, has concluded a licensing agreement giving Mitsui E&S Machinery Co., Ltd. , a Mitsui E&S Holdings Co., Ltd. Group company rights to manufacture and sell its MET turbochargers. The MET lineup are exhaust gas type turbochargers engineered for use with diesel engines.
The newly concluded licensing agreement allows Mitsui E&S Machinery to manufacture in-house all models in the MET-MB and MET-MBII series of turbochargers used in two-stroke engines. Production will get underway with three models: MET-66MBII, MET-42MBII and MET-42MB. Plans call for the first unit to be completed early in 2023, with production to be expanded to other models when deemed appropriate.
Mitsui E&S Machinery has been manufacturing a single brand of large marine diesel engines ever since concluding a technical tie-up with B&W of Denmark (now MAN Energy Solutions SE) in 1926. In 2021 the company reached cumulative production of 110 million horsepower, with more than 7,000 units manufactured to date. These statistics make Mitsui E&S Machinery Japan’s foremost engine manufacturer and a world leader in the industry.
MHI-MME began marketing water-cooled turbochargers in the 1950s, and in 1965 the company developed the world’s first non-water-cooled turbocharger, precursor of the MET series. Since then, the lineup has been expanded to include numerous high-efficiency large-capacity models. Today, MHI-MME has a track record in MET turbochargers of more than 39,000 units in total, and the company accounts for a near 40% share of the global market for turbochargers for two-stroke marine engines*.
After concluding the new licensing agreement, going forward MHI-MME aims to strengthen its ties with Mitsui E&S Machinery in a quest to further develop business in marine engines and turbochargers for the needs of tomorrow taking into account of global warming issues.
*According to an in-house survey
About MHI Group
Mitsubishi Heavy Industries (MHI) Group is one of the world’s leading industrial groups, spanning energy, logistics & infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com or follow our insights and stories on www.spectra.mhi.com.
Copyright ©2022 JCN Newswire. All rights reserved. A division of Japan Corporate News Network.
Jul 30, 2021 | Business
Cooper Machinery Services (“Cooper”), a portfolio company of Arcline Investment Management today announced the strategic acquisition of TrueRock Holdings, LLC (“TrueRock”), a division of FlatRock Compression, Ltd. This action advances Cooper’s position as the leading manufacturer and service provider of mission-critical compression and engine systems.
Founded in 2011 and based in Stafford, Texas, TrueRock is a provider of parts, repair, and technical support on several prominent compression brands with an emphasis on Gemini® compressors. TrueRock brings strong engineering and technical support capabilities to the Cooper organization. Through its network of agents and distributors, TrueRock has grown from a regional player into a worldwide provider of compression parts and service.
“We are very excited to add TrueRock to our Cooper family. TrueRock’s reputation for quality, engineering and customer service is highly regarded in the compression market, and we will benefit from their best practices and passion for the industry,” said Cooper CMO, Matt Forcey.
About Cooper Machinery Services
Cooper Machinery Services is the original equipment manufacturer (“OEM”) and supplier of parts and after-sale services, and emissions reduction technologies to a large installed base of highly respected engine-compressor brands. The company’s OEM brands include AJAX, Cooper-Bessemer, CSI, Enterprise, Gemini, Superior, TSI, and TXC. They also are a major supplier of after-sale support for non-Cooper engine-compressor brands such as Clark, CAT (3600 engines), IR, Waukesha (VHP engines), and Worthington. Manufacturing is conducted in its facilities in Houston, Texas, Salina, Kansas and McPherson, Kansas, while on-site services are delivered through its extensive network of field technicians operating out of fully equipped repair and overhaul shops strategically located around the world.