Kawasaki Heavy and Hitachi Zosen merge tunnel boring machine businesses

Kawasaki Heavy Industries and Hitachi Zosen established a joint venture, Chichu Kukan Kaihatsu, on October 1, 2021, integrating their shield tunneling machine businesses to compete in the shrinking domestic market and expand overseas.

“両社は経験値が非常に高い。人と技術を融合させ、新会社の飛躍につなげたい”sankei.com

• 1 source
• sankei.com川重と日立造船、トンネル掘削で統合新社 国内インフラ先細り、海外に活路 - 産経ニュース井田 通人Oct 11, 2021

Summarized from public sources; check the original articles before acting on it.