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Gas Turbine Manufacturing Unit Acquired by MHI

MHI (Mitsubishi Heavy Industries) acquires Pratt & Whitney Power Systems'  'Small & Medium-size Gas Turbine' business unit. Mitsubishi Heavy Industries, Ltd. (MHI) concludes an agreement with United Technologies Corporation (UTC) of the U.S. PWPS engages primarily in the engineering, assembly and sales of aero-derivative gas turbines and also provides services of gas turbines and engineering, procurement and construction of related power generation systems.