History
HCM was established in 1970, when Hitachi, Ltd. spun off its construction machinery division. When it was still part of Hitachi more than 50 years ago, HCM was involved in the production of Japan's first mechanical excavator.
Currently, the 58 companies that comprise the HCM Group are using IT as a strategic management resource to provide total solutions for customers' needs. In this way, HCM continues to grow as a strong, global, competitive enterprise.
History
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 Workss, 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 Works 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.
