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John Deere and Hitachi Construction Machinery will dissolve their joint venture for manufacturing excavators in the Americas after February 28, 2022. Deere will purchase the joint venture plants, and Hitachi will supply excavator kits to Deere under a new supply agreement.
“John Deere and Hitachi are dissolving their joint venture of more than 30 years for manufacturing excavators in North and South America.”hitachicm.com
Summarized from public sources; check the original articles before acting on it.