Mitsubishi Logisnext : Notice of Trade Name Change For American Sub-Subsidiaries (Mitsubishi Logisnext Americas Inc. Subsidiaries)
March 05, 2021 at 11:33 am EST
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February 10, 2021
To Whom It May Concern:
Company:
Mitsubishi Logisnext Co., Ltd.
Representative:
Takashi Kubo, President and CEO
(Ticker: 7105, First Section of Tokyo Stock Exchange)
Contact:
Yasuji Nakamura,
General Manager of General Affairs Division,
The Administration Headquarters
(TEL: 075-956-8603)
Notice of Trade Name Change For American Sub-Subsidiaries (Mitsubishi Logisnext Americas Inc. Subsidiaries)
The Company announced today that, at its meeting held on February 10, the Board of Directors of the Company approved the following name changes for subsidiaries of Mitsubishi Logisnext Americas Inc. (a subsidiary of the Company, based in Houston, Texas, hereinafter referred to as MLA), sub-subsidiaries of the Company, being implemented.
1. New trade name and scheduled date of change
Effective April 1, 2021:
Mitsubishi Caterpillar Forklift America Inc. (hereinafter referred to as MCFA) will change its trade name to Mitsubishi Logisnext Americas (Houston) Inc.
UniCarriers Americas Corporation (hereinafter referred to as UCA) will change its trade name to Mitsubishi Logisnext Americas (Marengo) Inc.
2. Reasons for the change
The purpose of the MCFA and UCA trade name change is to create a sense of unity across the American business operation and to communicate to the market that they are a part of the Mitsubishi Logisnext group by adding the group's name to theirs.
As part of this change, MCFA will acquire all of the MCFA shares held by its minority stockholder, Caterpillar Industrial Inc., a Caterpillar Inc. subsidiary. This will make the MLA group, which consists of MLA and its subsidiaries such as MCFA and UCA, 100% fully-owned by the Company.
Caterpillar Inc. and the MLA group will continue their long-term strategic relationship, working together to deliver new products and solutions for customers. The Cat® branded lift trucks will continue to be distributed globally by the Mitsubishi Logisnext group.
3. Overview of the two sub-subsidiaries of the Company changing trade name
(1) Name
Mitsubishi Caterpillar Forklift America Inc.
UniCarriers Americas Corporation
(2) Address
2121 W. Sam Houston Pkwy. N. Houston, Texas 77043-2305, U.S.A.
240 North Prospect Street Marengo, lllinois 60152, U.S.A.
(3) Name of the representative
Kenneth J. Barina, President
Kenneth J. Barina, President
(4) Businesses
Manufacture and marketing of forklifts and their related parts
Manufacture and marketing of forklifts, engines and their related parts
(5) Capital stock
USD 3K
USD 0
(6) Date of incorporation
May 14, 1992
February 13, 1987
End
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Mitsubishi Logisnext Co. Ltd. published this content on 10 February 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 05 March 2021 16:32:04 UTC.
Mitsubishi Logisnext Co., Ltd. is a Japan-based company mainly engaged in the manufacture, sale and maintenance services of forklift trucks and other logistics equipment and maintenance parts. The Company primarily operates through two business segments. The Domestic segment is engaged in the domestically manufacture and sale of logistics equipment and maintenance parts, mainly forklift trucks, as well as the sale of related products and maintenance parts. The Overseas segment is mainly operated in the Americas, Europe, China and Asia. The Company is mainly engaged in the development, design, manufacture and sale of logistics system products such as battery forklifts, engine forklifts, container carriers, transfer cranes, transport robots, automated warehouses, and warehouse management systems (WMS). The Company is also engaged in the business of non-life insurance agency.