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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]
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]
1914 – acquires Copeman Electric Stove Company in Flint, Michigan from Lloyd Groff Copeman, moves it to Mansfield, Ohio and enters the home appliance market (sold in 1974 to White Consolidated Industries) 1914 – George Westinghouse dies, with a legacy including 361 patents and the founding of 60 companies
GE Hitachi Nuclear Energy (GEH) is a provider of advanced reactors and nuclear services. It is headquartered in Wilmington, North Carolina , United States. Established in June 2007, GEH is a nuclear alliance created by General Electric and Hitachi .
In October 2000, a joint venture company, MHI-Hitachi Metals Machinery, Inc. was established to handle sales and related engineering activities of metal rolling mills and downstream facilities. [7] In 2002, the name was changed to Mitsubishi-Hitachi Metals Machinery, Inc. [ 8 ] In 2004, Mitsubishi-Hitachi Metals Machinery, Inc. U.S.A. was ...