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Hitachi Construction Machinery Co., Ltd. was established in 1970, and was involved in the production of Japan's first mechanical excavator.The company has now become a major construction equipment manufacturer in the world, and it is listed on the Nikkei 225.
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]
The name Tokiwa is the alternative pronunciation of Jōban (常磐), which refers to the combined region of the former Hitachi Province (常陸国) (now the Ibaraki Prefecture) and the Iwaki Province (磐城国) (now part of the Fukushima and Miyagi Prefectures), where the Tokiwa serves.
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]
In July 2011 Norcast Wear Solutions in Canada and SwanMet in Malaysia were purchased. In March 2013 Bradken opened a greenfield foundry development in Xuzhou, China following the construction of a manufacturing facility on the site in 2007. In October 2016 Hitachi Construction Machinery launched a takeover offer for Bradken.
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 .