Forming a trio

  • 18-Nov-2008 05:15 EST
Kawasaki Heavy Industries Ltd., Hitachi Construction Machinery Co. Ltd., and TCM Corp. have formed an alliance with respect to their wheel loader businesses, consisting of joint research and development and a spin-off of Kawasaki’s wheel loader operation and Hitachi’s investment in the newly created Kawasaki subsidiary. In anticipation of Tier 4 emissions regulations, the three companies will combine their respective technologies and know-how and jointly conduct research and development of new models of wheel loaders that will comply with the regulations. The three companies will have divided manufacturing responsibilities and will supply to one another such jointly developed products.
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