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
1991
Feb
Released five mini-excavator models
May
Established PT. Hitachi Construction Machinery Indonesia
1993
Feb
Entered technical collaboration with Korea's Samsung Heavy Industries Co., Ltd. in the area of crawler cranes
1994
Jan
Established Euclid-Hitachi Heavy Equipment Inc. in the United States Released five models in the EX3 series of hydraulic excavators
1995
Apr
Established Hefei Hitachi Excavators Co., Ltd. in the city of Hefei, China Moved into the area of off-road dump trucks
1996
Jan
Released three models in the EX5 series of hydraulic excavators
Feb
Released two models in the Mu series of ultra-small, pivoting mini-excavators
Aug
Issued 20 billion yen worth of domestic straight bonds
1997
Apr
Won the Ichimura Prize for the EX3500
Jul
Issued 20 billion yen worth of domestic straight bonds
Nov
Developed the EX5500, a super-size hydraulic excavator in the 515-ton class, the largest class in the world Received ISO 14001 certification for environmental management system
1998
Jun
Launched the "Jump Up 30 for 21" Interim Management Plan
Aug
Upgraded South African sales agency to fully-owned subsidiary
Oct
Purchased control of the U.S. company Euclid-Hitachi Heavy Equipment, Inc. from Volvo Construction Equipment N.V.
1999
Jul
HCM's FA Division, engaged in the manufacture and sales of such products as ultrasonic imaging devices, established independently as Hitachi Kenki FineTech Co., Ltd.
Sep
Business tie-up with TCM Corporation in the area of wheel loaders
2000
May
Head Office relocated from 2-6-2 Otemachi, Chiyoda-ku, Tokyo to present location
Jun
Released the ZAXIS series of "e-excavators"
2001
Feb
ZAXIS series won grand prix at the 2000 Nikkei Superior Products and Services Awards.
Apr
Released seven models of the wheel loader series (joint models with TCM Corporation and Furukawa Co., Ltd.)
Business tie-up with Sumitomo Heavy Industries,Ltd. and TADANO Ltd.in the area of crane business
May
Won the Japan Construction Machinery Association's "President's Award" for ZAXIS series
2002
Apr
Started of study on cooperation with komatsu in the area of construction machinery production and procurement
Jul
Established Hitachi Sumitomo Heavy Industries Construction Crane Co., Ltd.
Established Hitachi-Furukawa Loaders Europe S.A.S in France
Dec
Third issue of unsecured convertible debentures
2003
Jan
Further expansion into Europe. Production begins at Holland Plant
Nov
Received Miles Company Award from the Society of Japanese Value Engineering
2004
Mar
Developed EX8000, one of the world’s largest-class hydraulic excavators
Jun
Capital increased to ¥42,519.85 million by issuance of new shares at market value
Oct
Changed trading unit from 1000 shares to 100 shares
Oct
Established Hitachi Construction Machinery Alba Co., Ltd. and Hitachi Construction Machinery France S.A.S.
2005
Mar
Established Hitachi Construction Machinery (Malaysia) Sdn. Bhd.
Apr
Established Hitachi Construction Machinery (China) Co., Ltd.
Jun
TCM Corporation became a consolidated subsidiary
2006
Jan
Launched ZAXIS-3 Series large-sized hydraulic excavator and ZW Series wheel loader models
Apr
Launched ZAXIS-3 Series medium-sized hydraulic excavators
Oct
Hitachi Construction Machinery Alba Co., Ltd. merged with TCM Corporation
2007
Aug
Capital increased to ¥81,576.59 million by issuance of new shares at market value
Aug
Completed construction of Hitachinaka Works
2008
Aug
Completed construction of Hitachinaka-Rinko Works
Sep
Launched EH3500ACII, one of the largest AC-driven, rigid dump trucks manufactured in Japan
Oct
Hitachi Kenki FineTech Co., Ltd. merged into Hitachi Construction Machinery
