Hitachi buys KCM
Hitachi Construction Machinery (HCM), a subsidiary of Hitachi Ltd., purchased the remaining portion of KCM on October 1, 2015. KCM, parent to KCMA, had been a JV partner with HCM.
KCMA will continue to market wheel loaders in North America, said Gary Bell, KCMA’s VP/general manager, under the Kawasaki-KCM brand and through its existing distribution network. Tier 4 machines will be marketed in the United States and Canada, and Tier 2 and Tier 3 units (supplied from Japan) in Latin America, he said. KCM will market Hitachi-branded wheel loaders in Europe and Russia through HCME, in Japan through HCMJ, and both brands in the rest of the world through HCM Export.
Hitachi-branded heavy equipment, including excavators, will continue to be marketed in North America through HCM’s relationship with John Deere dealers. Only one dealer in the United States represents both KCMA and Hitachi, Bell said.