Business / Corporate Oct 28, 2020
Hitachi Metals to cut 1,000 jobs through voluntary redundancy
Including through attrition and cuts in nonregular workers, the company plans to slash about 3,200 jobs, or nearly 10% of its total workforce.
Business / Corporate Aug 19, 2014
Hitachi Metals Ltd., Japan's biggest maker of magnets containing rare earths, will pay $1.3 billion for Wisconsin-based Waupaca Foundry Inc., gaining four foundries in the company's home state and two others elsewhere in the U.S. The purchase will be financed with cash and debt, according ...
National / Crime & Legal Aug 13, 2013
A dozen Chinese rare-earth firms plan to jointly sue Hitachi Metals, claiming it is holding invalid patents and exercising patent rights in an illegitimate manner.