In Aug 2022, ITOCHU announced its completed investment in Hitachi Construction Machinery, along with JIP Japanese Investment Partners, Inc. Hitachi will continue under the Hitachi name, and ITOCHU will utilize its capital investment to expand business.
Hitachi Construction Equipment is manufactured in one of 4 facilities in Japan. There are plants in Banshu, Ryugasaki, Tierra, and Hitachinaka Japan
Caterpillar is the largest manufacturer of construction equipment in the world. Of the top 12 worldwide manufacturers, Hitachi come in in the #9 spot.
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