November 10, 2021

On November 10, 2021, Hitachi Construction Machinery Co., Ltd. (TSE: 6305; “Hitachi Construction Machinery”) shipped the first Hitachi brand hydraulic excavator for the North American market from Hitachi Construction Machinery Tsuchiura Works (Tsuchiura, Ibaraki Prefecture , Japan) to its US-based consolidated subsidiary, Hitachi Construction Machinery Americas Inc. (headquarters: Newnan, Georgia, USA ; hereinafter “Hitachi Construction Machinery Americas”).

With the dissolution of the joint venture relationship between the Hitachi Construction Machinery Group and U.S.-based Deere & Company (headquarters: Moline, Illinois, USA; Chairman of the Board and CEO: John C. May), Hitachi Construction Machinery aims to independently deploy the latest products, technologies, and services across the entire North America and Latin American markets.

Hitachi brand hydraulic excavators for the North American market, including the first hydraulic excavator shipped on this occasion, are equipped with state-of-the-art hydraulic systems that achieve high efficiency, AERIAL ANGLE^® technology that improves work site safety, and the ConSite^® OIL service solution. Local sales will start in March 2022.

On the day the hydraulic excavator was shipped, employees involved in development and production and in the Americas. operations, including Michifumi Tabuchi, Hitachi Construction Machinery Representative Executive Officer, Executive Vice President and Executive Officer, Officer responsible for MONOZUKURI, President of Production & Procurement Group, and President of Corporate Export Regulation Group, and Toru Takatani, General Manager of Americas Business Expansion Support Office, gathered at Tsuchiura Works. A banner displaying the slogan “EMPOWERING THE AMERICAS – THE LINEUP GROWS MORE POWERFUL–” was displayed, a message of support was sent to everyone in the Hitachi Construction Machinery Group in the Americas, and the first hydraulic excavator was shipped to Hitachi Construction Machinery Americas.

With the “Realizing Tomorrow’s Opportunities 2022” medium-term management plan, the Hitachi Construction Machinery Group aims to strengthen the value chain business, provide enhanced solutions, and form a highly flexible corporate structure. Going forward, Hitachi Construction Machinery will promote these management strategies in North America and Latin America, as well as in the rest of the world, in an effort to achieve stable growth.

• Press release published October 20, 2021

• Press releases published August 19, 2021