ACE and KATO Works form joint venture to manufacture heavy cranes in India

Action Construction Equipment (ACE) has executed an investment and shareholders agreement with KATO Works Co., Japan, to form a 50:50 joint venture in India for manufacturing truck cranes, crawler cranes and rough terrain cranes.

“ACE said that it has executed an investment and shareholders agreement with KATO Works Co., Japan, for manufacturing heavy cranes, namely truck cranes, crawler cranes and rough terrain cranes.”capitalmarket.com

• 1 source
• capitalmarket.comACE inks JV agreement with Japanese firm KATO Works for building heavy cranes| Capital Market NewsMar 13, 2026

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