ANNOUNCEMENT OF COMPREHENSIVE ALLIANCE IN POWER TRANSMISSION AND DISTRIBUTION BUSINESS 18 October, 2000 TOKYO--October 18, 2000--Toshiba Corporation (President and CEO: Tadashi Okamura) and Mitsubishi Electric Corporation (President and CEO: Ichiro Taniguchi) today announced they have reached basic agreement on a comprehensive alliance in the power transmission and distribution business. In future, both companies will cooperate in this field, to increase their development and production efficiencies and expand their overseas businesses. Products
Details of Alliance
Background
For further information Toshiba Corporation, Corporate Communications Office: 03-3457-2105
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