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John Deere and Hitachi Construction Machinery will dissolve their 33-year joint venture for manufacturing excavators in the Americas. Deere will purchase the joint-venture factories and continue producing Deere-branded excavators, while Hitachi will manufacture its excavators in Japan and import them.
“John Deere and Hitachi are dissolving their joint venture of more than 30 years for manufacturing excavators in North and South America.”equipmentindia.com
Summarized from public sources; check the original articles before acting on it.