# Hitachi Construction Machinery and Deere to dissolve joint venture

Hitachi Construction Machinery and Deere & Company announced the termination and dissolution of their joint venture agreements for construction and mining equipment in North, Central and South America, effective March 2022. Hitachi will transfer its shares in DHK and DHB to Deere.

- Type: Closure
- Announced: 2021-08-19
- Where: Newnan, Georgia, United States
- Jobs: 60
- Status: announced
- Products: hydraulic excavators, mining trucks
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md), [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Hitachi Construction Machinery](https://endata.com/companies/15738.md)
- [Hitachi Construction Machinery Loaders America](https://endata.com/companies/29325.md)
- [Deere & Company](https://endata.com/companies/21933.md) (partner)
- [Deere](https://endata.com/companies/57522.md) (partner)

## Sources

- [mequipment.ro](https://mequipment.ro/hitachi-a-anuntat-incetarea-relatiei-de-asociere-cu-deere/), 2021-08-25: "Hitachi Construction Machinery a anunțat, pe 19 august 2021, încetarea și dizolvarea acordului de asociere comună (joint venture) cu Deere & Company pentru piețele din America de Nord, America Centrală și de Sud."
- [northamericanmining.com](https://northamericanmining.com/index.php/2021/09/03/hitachi-construction-machinery-dissolves-joint-venture-with-deere/), 2021-09-03: "HCM, through HCMA, will be able to better determine its own destiny in the Americas with its own business strategies, improved products and services, and updated technologies, all provided through a revamped and strengthened distribution network."

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