TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that its wholly owned subsidiary Mitsubishi Electric Hydronics & IT Cooling Systems S.p.A. (MEHITS), headquartered in Bassano, Italy, has established a subsidiary company, MEHITS Middle East FZCO, in the Dubai Airport Freezone in the Emirate of Dubai, United Arab Emirates, aiming to strengthen its air conditioning business presence in the region. The new company is expected to capture growing demand for da. ...

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