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Machinery
This is the Mitsui USA Division which deals in aircraft, ship and marine projects, motor vehicles and construction/industrial machinery through its departments in: New York (aerospace), Chicago (construction/industrial machinery), Detroit and Seattle (motor vehicles), Houston (marine projects), Los Angeles (industrial machinery), and San Francisco (ships). These departments handle export/import and distribution, as well as provide solutions in the world market in their respective fields.
Whether in the U.S., Canada, Mexico, Peru, Brazil, Columbia, Venezuela, Chile, or Japan, this Division can rely upon its long-term, hands-on experience which has created a knowledge base and network across the automobile and construction industries.
The Division works closely with: U.S. airlines and aircraft manufacturers; ship owners, operators, oil and gas energy companies, and investors; U.S. and Japanese automobile and parts manufacturers and dealer groups; and U.S. industrial/construction distributors and Japanese manufactures. It has many strategic relationships including: Airbus, Boeing, Embraer, and JetBlue; ChevronTexaco and Modec International; Transfreight, and Paccar; and Echo Inc. and Komatsu America.
Its projects are many faceted around the aircraft, ship, auto, and construction industries. When looking at specifics, its strength is evidenced in: investments in single investor lease and finance arrangements for U.S. airlines; sales of new building & second hand ships, chartering, ship finance, participation in ship owning projects, and participation in offshore oil & gas development projects; the import and wholesale of Japanese-made trucks into the U.S., the export of U.S.-made autos to Japan, the retail sales of American/Japanese/European-made autos in the U.S., parts supply to U.S. truck manufacturers, and providing logistics services to U.S. auto manufacturing plants; the import/distribution of Japanese industrial/construction machinery to the U.S. and South America.
The Division's success in aircraft and ship operations is primarily a result of its professional know-how in the areas of U.S. tax lease and Japanese operating lease and its relationships with U.S. airlines and aircraft manufactures. It has financial capabilities and relationships with major shipping companies and with oil and gas companies in North America.
The Division's record shows lease of 20 aircraft to U.S. airlines; ownership of two LPG (Liquid Petroleum Gas) carriers and a crude oil tanker, contracts for numerous newbuilding time charter deals, and FPSO (Floating Production Storage & Offloading) leasing.
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