Hitachi Construction Machinery and Deere announced plans to dissolve their joint venture in the Americas by March 2022. Hitachi also announced the newly formed Hitachi Construction Machinery Americas (HCMA) will assume all product and service operations for the Americas in spring 2022.
HCMA will add more than 60 new local positions at its North American headquarters in Newnan, Georgia (U.S.). The supplier will introduce new equipment that will have the latest in hydraulic systems, innovative uptime and IoT services, and advanced safety features.
Hitachi has been prepping for the creation of HCMA since 2017. “This includes many ‘value chain’ initiatives to bolster parts and service, rental, used equipment, remanufactured parts and financing,” said Alan Quinn, CEO, Hitachi Construction Machinery.
“It has also been improving technologies in analytics, IoT, telematics, fleet management and uptime services,” he said. “In the future, HCMA will be able to better utilize these advances to capture more market share.”