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
1981
Dec
Capital increased to 4.7 billion yen by issue of shares at market price; listed in the second section of the Tokyo Stock Exchange
Formed business tie-up with Tadano Ltd. in the area of track cranes and crawler cranes
1982
Apr
Capital increased to 5.17 billion yen through gratuitous issue of new shares
1983
Jul
Formed business tie-up with U.S. company Deere & Company for supply of hydraulic excavators
1984
Jan
Released UT series of ultrasonic instruments; entered business areas other than construction machinery
Dec
Established Hitachi Construction Machinery (Singapore) Pte. Ltd.
1985
May
Capital increased to 5.687 billion yen through gratuitous issue of new shares
Oct
Capital participation in a construction machinery sales company in France (Fiat-Hitachi Excavators France S.A.) Established Oriental Hitachi Construction Machinery Sdn. Bhd. in Malaysia Established Hitachi Construction Machinery (America) Corp.
1986
Oct
Released four models of the new-generation excavator EX series
Nov
Established joint venture Fiat-Hitachi Excavators S.p.A. in Italy for local production of hydraulic excavators
1987
Jan
Released the EX3500, then the world's largest class of super-size hydraulic excavators
May
Released six models in the second "Landy" EX series
1988
Mar
First issue of unsecured convertible debentures
May
Capital increased to 6.8509 billion yen through gratuitous issue of new shares
Established joint venture Deere-Hitachi Construction Machinery Corp. in the United States for local production of hydraulic excavators
Jul
Moved into the wheel loader field; released six models in the "Landy" LX series
1989
Mar
Capital increased to 13.41044 billion yen by issue of shares at market price; listed in the second section of the Tokyo Stock Exchange
May
Completed Dejima Plant near Tsuchiura Works as base for mass production of Reduction Gear and other products
Sep
Listed in the first section of the Tokyo Stock Exchange
Dec
Second issue of unsecured convertible debentures
1990
Jan
Listed in the first section of the Osaka Securities Exchange Increased capital investment in Toyosha Co., Ltd.
May
Entered bulldozer and road construction machinery fields
Oct
Established Siam-Hitachi Construction Machinery Co., Ltd. in Thailand Released four models in the "Super Landy" New EX series
