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In 2004, Metabo restructured the production and a plant in Shanghai was established. [3] The full integration of Elektra Beckum took place in 2006. In 2010, the disposal of the plant in Meppen marked the end of the restructuring process of the production plants. [4] March 1, 2016, Metabo was acquired by Hitachi Koki, part of Hitachi Group. [5]
Hitachi, Ltd. [nb 1] (Japanese pronunciation: [çi̥taꜜtɕi]) is a Japanese multinational conglomerate founded in 1910 and headquartered in Chiyoda, Tokyo.The company is active in a range of industries, including digital systems, power and renewable energy, railway systems, healthcare products, and financial systems. [4]
C. & E. Fein GmbH is a manufacturer of high-end power tools located near Stuttgart, Germany.Founded in 1867 by brothers Wilhelm Emil Fein and Carl Fein, the company invented the hand-held electric drill in 1895 and was responsible for many other innovations.
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This marked the beginning of the development that would become Hitachi, which was founded by Odaira in 1910. However, because it was started as an in-house venture of the Kuhara Mining Company, the owner of Hitachi was Fusanosuke Kuhara, the president of the mining company, not Odaira. Hitachi Ltd. was incorporated as an independent company in ...
In July 2020, ABB divested its power grid business and sold 80.1% of that to Hitachi Ltd., leading to the formation of Hitachi ABB Power Grids. [1] In October 2021, Hitachi ABB Power Grids changed its company name to Hitachi Energy. In December 2022, it was confirmed that Hitachi acquired the remaining 19.9 percent shares from ABB Ltd. [2]
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SawStop has provoked opposition from the Power Tool Institute (PTI), [11] which represents Black & Decker, Hilti, Hitachi Koki, Makita, Metabo, Bosch, Techtronic Industries (owner of Ryobi), and Walter Meier Holdings (WMH Tool Group, owner of JET and Powermatic [14]). In April 2008, they told Congress that SawStop's braking system is: [15]