March 3, 2025
MHI Acquires Concentric, LLC: The North American Leader in Power Management Solutions for Material Handling, Data Center and Utility Customers

TOKYO, Jul 7, 2023 – (JCN Newswire) – Mitsubishi Heavy Industries, Ltd. (MHI), one of the world’s foremost industrial groups leading the way in clean energy, today announced the acquisition of Concentric, LLC (Concentric), a top provider of industrial power solutions in North America. MHI has signed an agreement with OnPoint Group to acquire all outstanding membership interests of Concentric for an undisclosed consideration.Dr…
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