Mar 30, 2016

Hitachi, Sagawa Express agree to buy stakes in distribution businesses

Hitachi Ltd. and Sagawa Express Co. agreed Wednesday to buy stakes in each other’s distribution businesses as competition among Japanese logistics companies intensifies. Hitachi Transport System Ltd. will buy 20 percent of Sagawa Express Co. for ¥66.3 billion ($591 million) from its parent SG ...

Oct 22, 2015

EU slaps DVD drive-makers with €116 fine

Brussels A Hitachi Ltd.-LG Corp. joint venture and Sony Corp. were among a group of companies fined a combined total of €116 million ($131.6 million) by European Union regulators for fixing the prices of CD and DVD drives. Hitachi-LG Data Storage Inc. will have ...

Hitachi opens railcar plant in Britain, first overseas

Sep 4, 2015

Hitachi opens railcar plant in Britain, first overseas

Machinery giant Hitachi Ltd. on Thursday opened its first overseas railway car factory, in Newton Aycliffe, northeastern England. The plant is positioned to become the firm’s strategic base for expansion in Europe. An opening ceremony at the plant was attended by British Prime Minister ...