# Hitachi Zosen and Kawasaki Heavy to establish new TBM company

Hitachi Zosen and Kawasaki Heavy Industries signed a basic agreement to establish a new company for their tunnel boring machine (TBM) business, with the new company targeted to be established in October 2021.

- Type: Partnership
- Announced: 2021-01-27
- Where: Kansai region (headquarters), Tokyo (sales office), Japan
- Status: announced
- Products: tunnel boring machines
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Hitachi Zosen](https://endata.com/companies/17158.md)
- [Kawasaki Heavy Industries](https://endata.com/companies/1921.md) (partner)

## Sources

- [kanadevia.com](https://www.kanadevia.com/english/newsroom/news/release/2021/20210127_001336.html), 2021-01-27: "The preparatory committee established today by the two companies will take the lead in discussions toward the establishment of a new company in October 2021."
- [kanadevia.com](https://www.kanadevia.com/newsroom/news/release/2021/20210127_000780.html), 2021-01-27: "The two companies have reached a basic agreement to consider establishing a new company that can create new value and meet the needs of a wide range of customers."

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