NEWS ROOM
JOHN DEERE AND HITACHI DISSOLVE EXCAVATOR PARTNERSHIP
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ohn Deere and Hitachi are dissolving the partnership that has seen the two companies manufacturing and marketing hydraulic excavators together since 1988. The two companies will enter into new license and supply agreements, which will enable John Deere to continue to source, manufacture and distribute the current lineup of Deere-branded excavators in the Americas. Going forward, Hitachi Construction Machinery will have Hitachi Construction Machinery Loaders America function as the hub of its activities in the Americas. Hitachi Construction Machinery will coordinate with the group of companies to build a new business structure. Beginning in March 2022, Hitachi Construction Machinery will be able to provide direct solutions that address the challenges of customers throughout North, Central and South America for not only compact and construction-size wheel loaders but also compact and construction-size excavators, mining excavators and mining dump trucks. Under the agreement with Deere, Hitachi Construction Machinery will provide Deere with an OEM supply of Deere-branded excavators, as well as components and service parts to Deere’s manufacturing and distribution bases in the United States and in Brazil for the time being. Hitachi Construction Machinery Loaders America has also announced that as of March 1, 2022, it will team up with Wajax to expand their existing Canadian direct distribution relationship to include construction excavators, mining equipment and related aftermarket parts. The expansion of the direct relationship between Wajax and Hitachi is expected to strengthen the competitive positioning of both companies in the Canadian construction and mining markets.
CAT STEPS BACK FROM BAUMA, ZEPPELIN TAKES ON STAND AT 2022 EVENT
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aterpillar will not be part of bauma 2022 as a corporate entity and will instead be represented by its local dealer at the event. Zeppelin Baumaschinen will be responsible for the Cat stand at bauma 2022 in Munich, Germany, from October 24 to 30. Previously, the two companies had a joint stand at the event.
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heavyequipmentguide.ca | SEPTEMBER 2021
