# 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.

- Type: Partnership
- Announced: 2026-03-13
- Where: India, India
- Status: announced
- Products: truck cranes, crawler cranes, rough terrain cranes
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Kato Works](https://endata.com/companies/17636.md) (partner)
- [Action Construction Equipment](https://endata.com/companies/62722.md) (partner)

## Sources

- [capitalmarket.com](https://www.capitalmarket.com/markets/news/corporate-news/ace-inks-jv-agreement-with-japanese-firm-kato-works-for-building-heavy-cranes/1681551), 2026-03-13: "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."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.