KOBELCO US SUBSIDIARIES MERGE EQUIPMENT, CRANES

Kobelco Construction Machinery U.S.A. and Kobelco Cranes North America will merge under the Kobelco Construction Machinery U.S.A. name on January 1, 2017.

The move follows the global merger announced in April.

“This consolidation will harness the strength of both businesses to build our capabilities as a whole,” says Naoto Suzuki. “It will further enhance our service functions, strengthen our product development capabilities, and reinforce our foundation in the North American market.”

Both dealer networks will continue as independent networks serving their respective industries.

Headquartered in Katy, Texas, the company will be led by new President/CEO Naoto Suzuki and will be comprised of three independent divisions: excavator, crane, and manufacturing. Katsuhiko “Pete” Morita, VP – Excavator Division, and Jack Fendrick, VP- Crane Division, will lead their respective divisions from the Texas headquarters. Hiroshi “Rocky” Morita, VP – Manufacturing, will be based in the Spartanburg, S. C., production facility.

Source: Kobelco

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KOBELCO US SUBSIDIARIES MERGE EQUIPMENT, CRANES