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  Date 2015
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Japanese TBM manufacturers sign consolidation basic agreement
05 June, 2015
JAPAN – IHI Corporation, JFE Engineering Corporation (JFEE), Japan Tunnel Systems Corporation (JTSC) (a consolidated subsidiary of IHI with 49 per cent of the shares held by JFEE), Mitsubishi Heavy Industries (MHI), and MHI subsidiary Mitsubishi Heavy Industries Mechatronics Systems all announced the conclusion of a basic agreement for the integration of their respective shield tunnelling machine businesses.