1949
May
Development of the Hitachi U05, the first cable-operated power
shovel made entirely from Japanese technology
1955
Dec
Establishment of Hitachi Construction Machinery Co., Ltd.
(service company)
1957
Jan
Development of the Hitachi U106 all-purpose excavator
1965
Apr
Establishment of (former) Hitachi Construction Machinery Co.,
Ltd. through amalgamation of Hitachi Construction Machinery Co.,
Ltd. (service company) and all construction machinery sales
divisions of Hitachi, Ltd.
Jul
Development and release of the Hitachi UH03, the first
hydraulic excavator developed with Japanese technology
1969
Dec
Hitachi, Ltd.'s construction machinery manufacturing division
split off from the parent company and established, with the Adachi
and Tsuchiura plants, as Hitachi Construction Machinery Co., Ltd.
(manufacturing company)
1970
Oct
Hitachi Construction Machinery Co., Ltd. established through
amalgamation of Hitachi Construction Machinery Co., Ltd.
(manufacturing company) and (former) Hitachi Construction
Machinery Co., Ltd., with capital of 3.8 billion yen
1971
Feb
Released the KH150, the world's first fully hydraulic crawler
crane
1972
Aug
Established Hitachi Construction Machinery (Europe) B.V.
1973
Oct
Capital increased to 3.85 billion yen (par value of shares
changed from 500 yen to 50 yen)
1974
Mar
Adachi Plant incorporated into Tsuchiura Plant under plant
relocation and production consolidation measures
1976
May
Formed business tie-up with Kubota, Ltd. in the area of
hydraulic excavators
Oct
Developed a Earth Pressure Balance Shield Machine, which won
the Japan Society for The Promotion of Machinery Industry Prize.
1979
Jul
Established Yamagata Hitachi Construction Machinery Co., Ltd.
1981
Dec
Capital increased to 4.7 billion yen by issue of shares at
market price; listed in the second section of the Tokyo Stock
Exchange
Formed business tie-up with Tadano Ltd. in the area of track
cranes and crawler cranes
1982
Apr
Capital increased to 5.17 billion yen through gratuitous issue
of new shares
1983
Jul
Formed business tie-up with U.S. company Deere & Company
for supply of hydraulic excavators
1984
Jan
Released UT series of ultrasonic instruments; entered business
areas other than construction machinery
Dec
Established Hitachi Construction Machinery (Singapore) Pte.
Ltd.
1985
May
Capital increased to 5.687 billion yen through gratuitous issue
of new shares
Oct
Capital participation in a construction machinery sales company
in France (Fiat-Hitachi Excavators France S.A.) Established
Oriental Hitachi Construction Machinery Sdn. Bhd. in Malaysia
Established Hitachi Construction Machinery (America) Corp.
1986
Oct
Released four models of the new-generation excavator EX series
Nov
Established joint venture Fiat-Hitachi Excavators S.p.A. in
Italy for local production of hydraulic excavators
1987
Jan
Released the EX3500, then the world's largest class of
super-size hydraulic excavators
May
Released six models in the second "Landy" EX series
1988
Mar
First issue of unsecured convertible debentures
May
Capital increased to 6.8509 billion yen through gratuitous
issue of new shares
Established joint venture Deere-Hitachi Construction Machinery
Corp. in the United States for local production of hydraulic
excavators
Jul
Moved into the wheel loader field; released six models in the
"Landy" LX series
1989
Mar
Capital increased to 13.41044 billion yen by issue of shares at
market price; listed in the second section of the Tokyo Stock
Exchange
May
Completed Dejima Plant near Tsuchiura Plant as base for mass
production of Reduction Gear and other products
Sep
Listed in the first section of the Tokyo Stock Exchange
Dec
Second issue of unsecured convertible debentures
1990
Jan
Listed in the first section of the Osaka Securities Exchange
Increased capital investment in Toyosha Co., Ltd.
May
Entered bulldozer and road construction machinery fields
Oct
Established Siam-Hitachi Construction Machinery Co., Ltd. in
Thailand Released four models in the "Super Landy" New
EX series
1991
Feb
Released five mini-excavator models
May
Established PT. Hitachi Construction Machinery Indonesia
1993
Feb
Entered technical collaboration with Korea's Samsung Heavy
Industries Co., Ltd. in the area of crawler cranes
1994
Jan
Established Euclid-Hitachi Heavy Equipment Inc. in the United
States Released five models in the EX3 series of hydraulic
excavators
1995
Apr
Established Hefei Hitachi Excavators Co., Ltd. in the city of
Hefei, China Moved into the area of off-road dump trucks
1996
Jan
Released three models in the EX5 series of hydraulic excavators
Feb
Released two models in the Mu series of ultra-small, pivoting
mini-excavators
Aug
Issued 20 billion yen worth of domestic straight bonds
1997
Apr
Won the Ichimura Prize for the EX3500
Jul
Issued 20 billion yen worth of domestic straight bonds
Nov
Developed the EX5500, a super-size hydraulic excavator in the
515-ton class, the largest class in the world Received ISO 14001
certification for environmental management system
1998
Jun
Launched the "Jump Up 30 for 21" Interim Management
Plan
Aug
Upgraded South African sales agency to fully-owned subsidiary
Oct
Purchased control of the U.S. company Euclid-Hitachi Heavy
Equipment, Inc. from Volvo Construction Equipment N.V.
1999
Jul
HCM's FA Division, engaged in the manufacture and sales of
ultrasonic imaging devices, among other products, established
independently as Hitachi Kenki Fine Tech Co., Ltd.
Sep
Business tie-up with TCM Corporation in the area of wheel
loaders
May
Head Office relocated from 2-6-2 Otemachi, Chiyoda-ku, Tokyo to
present location
Jun
Released the ZAXIS series of "e-excavators"
2001
Feb
ZAXIS series won grand prix at the 2000 Nikkei Superior
Products and Services Awards.
Apr
Released seven models of the wheel loader series (joint models
with TCM Corporation and Furukawa Co., Ltd.)
Business tie-up with Sumitomo Heavy Industries,Ltd. and TADANO
Ltd.in the area of crane business
May
Won the Japan Construction Machinery Association's
"President's Award" for ZAXIS series
2002
Apr
Started of study on cooperation with komatsu in the area of
construction machinery production and procurement
Jul
Established Hitachi Sumitomo Heavy Industries Construction
Crane Co., Ltd.
Established Hitachi-Furukawa Loaders Europe S.A.S in France
Dec
Third issue of unsecured convertible debentures
2003
Jan
Further Expansion into Europe-Production Begins at Holland
plant
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