Establishment of a Joint Venture Company to Develop Electric Construction Machinery for European Market

Tokyo, Japan, October 1, 2018 — Hitachi Construction Machinery Co., Ltd. (TSE: 6305; “Hitachi Construction Machinery”) today announced it has formed an agreement with KTEG Kiesel Technologie Entwicklung GmbH (President: Toni Kiesel; “KTEG”),

Toni Kiesel, President of KTEG (left) and Hideshi Fukumoto (right), Vice President and Executive Officer of Hitachi Construction Machinery sign for establishment.

the group company of European Hitachi Construction Machinery’s distributor Kiesel GmbH (President: Toni Kiesel), to establish a new company
for developing electric construction machinery and the special application products for further expansion of the European market. Continue reading “Establishment of a Joint Venture Company to Develop Electric Construction Machinery for European Market”

John Deere and Wacker Neuson team up

John Deere is entering into a strategic supplier agreement with Wacker Neuson to initially provide compact excavators in China, Southeast Asia, and Oceania.

John Deere
John Deere has partnered with Wacker Neuson

The models will range from 1.7-7.5 tons (1.5 tonnes-6.8 tonnes) and are specifically designed and manufactured for customers in the growing Asia-Pacific marketplace.

The objective of the partnership is said to be long-term collaboration in key growth markets. Continue reading “John Deere and Wacker Neuson team up”