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Mitsubishi Heavy to Open China Tool Plant, Nikkei Says

April 25 (Bloomberg) -- Mitsubishi Heavy Industries Ltd. will open a machine tool plant near Shanghai by the end of the year, the Nikkei newspaper reported today, without saying where it got the information.

The plant will produce tools used in making cars and may cost as much 1 billion yen ($10.6 million), the report said.

Link to Company News:{7011 JP <Equity> CN <GO>}

To contact the reporter on this story: Jason Clenfield in Tokyo at

To contact the editor responsible for this story: Mike Millard at

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