Houston Business Journal Jan 5, 2017, 8:56am CST

Thursday, January 25, 2018

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Houston-based Mitsubishi Caterpillar Forklift America Inc. is preparing to build another Houston-area facility. Construction is slated to begin immediately on a 71,000-square-foot manufacturing facility and distribution center on 10 acres in the Conroe Industrial Park, according to a release. The facility is part of a joint venture between MCFA and Hamburg, Germany-based Jungheinrich AG, a material handling equipment company. Financial details were not disclosed, but Ruston, Louisiana-based Origin Bank provided financing for the project. Houston-based Archway Properties is the developer, and St. Louis-based Arco Construction Company Inc. is the builder, per the release. The facility is expected to be complete this year. In recent years, MCFA also moved production of its Cat Lift DP100N – DP160N forklift truck series from Japan to its Houston manufacturing base on West Sam Houston Parkway. Additionally, Houston-based Mitsubishi Heavy Industries America Inc., a wholly owned subsidiary of Tokyo-based Mitsubishi Heavy Industries Ltd., moved its headquarters from New York to Greenway Plaza in 2016. The move added about 40 jobs in Houston and was expected to help the company target industries such as chemical plants. The Houston headquarters oversees MHI operations throughout North America, and MCFA is part of the MHI Group. Mitsubishi Heavy Industries Compressor International Corp., another MHI Group company, opened a 180,000-square-foot manufacturing facility in Pearland about two years ago. MHIA named Kiyoshi Okazoe president in October.