John Deere has acquired full ownership of three Deere-Hitachi joint venture factories and has begun new license and supply agreements with Hitachi Construction Machinery. Effective today, the two companies have ended their joint venture manufacturing and marketing agreements. The changes
Hitachi Construction Machinery Co., Ltd. ( “Hitachi Construction Machinery”) announces that its Board of Directors has resolved on August 19, 2021, to terminate and dissolve the joint venture relationship with Deere & Company (“Deere”) in North, Central and South America.
Cummins Inc., a global technology and power solutions leader, today announced an agreement to form a joint venture with NPROXX, a leader in hydrogen storage and transportation, for hydrogen storage tanks. The joint venture will continue under the name NPROXX.
Sharing the Green Deal vision of sustainable transport and a carbon-neutral Europe by 2050, two leading companies in the commercial vehicle industry, Daimler Truck AG and the Volvo Group, have signed a preliminary non-binding agreement to establish a new joint
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