Finnish mining business Terrafame has entered into an agreement with equipment dealer Rotator Oy to renew the existing Hitachi mining equipment at their Sotkamo mine in Northern Finland during 2022–2025.
The European wheeled loader market is relatively buoyant, according to specialist market research and forecasting company Off-Highway Research, with sales of machines over 60kW currently running at just above 10,000 units per year in Western Europe – the best demand has been since the global financial crisis a decade ago.
This puts the value of the market at some US$2.15 billion (€1.9 billion).
Within Europe, the major markets are largely what one would expect – Germany accounts for some 25% of demand and, together with France, Italy and the UK, these big four represent about 60% of regional sales. Continue reading “Wheeled loaders: A healthy load”
Hitachi has joined forces with the Commonwealth Scientific and Industrial Research Organisation (CSIRO) to develop technologies for mining equipment.
The two companies will collaborate on research and development projects in artificial intelligence (AI), security, material tracking, urban systems, Internet of Things (IoT) sensing, autonomous systems and more.
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”),
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”
New $4 million facility will support Hitachi’s plans to expand wheel loader market in North America
June 29, 2018 – Construction Equipment
Hitachi Construction Machinery Loaders America Inc. (HCMA) celebrated the grand opening of their new U.S. corporate headquarters in Newnan, Georgia, with employees, local dignitaries, business partners and members of the media on June 1, 2018. Continue reading “HITACHI CELEBRATES GRAND OPENING OF NEW U.S. CORPORATE HEADQUARTERS”
Hitachi has presented two new products at the Intermat exhibition in Paris, France.
Tuesday, December 12, 2017 – 12:05 @AGG-NET
USING their extensive knowledge of the high-performing ZW-5 range and ongoing research of the European market, Hitachi Construction Machinery (Europe) NV (HCME) have fine-tuned the new ZW150-6 wheel loader to better satisfy the needs of operators. Continue reading “Hitachi launch new wheel loader model”
By Paul Moore, 23rd December 2016 on IM-Mining
As reported in Nikkei Asian Review, Hitachi Construction Machinery has acquired two suppliers of parts and services for mining equipment with operations in the US and Australia, continuing its expansion into the support business amid sluggish demand in its mainstay machinery market.
Bradken has agreed to a takeover bid by Japan’s Hitachi Construction Machinery (HCM) in a deal analysts say may indicate the worst of the mining downturn has passed. Yuichi Tsujimoto, HCM President said his company believes Bradken’s “businesses are complementary with our mining equipment services business. Both companies leveraging each other’s global network will enable us to strengthen our combined businesses and enhance our earnings.” Continue reading “Hitachi Construction Machinery buying Bradken”
3 Jul, 2009, as published on the Hitachi CM Global site
HCM has made a strategic investment and purchased a significant interest in Wenco International Mining Systems, Ltd. (“Wenco”). Wenco is a leading producer of fleet management systems and an innovator of technology to improve mine operation efficiency. Continue reading “Hitachi Expands Its Mining Business by Acquisition of Wenco”