# ITOCHU, Tokyo Century and Hitachi Construction Machinery to establish joint venture finance company in North America

ITOCHU Corporation, Tokyo Century Corporation and Hitachi Construction Machinery Co., Ltd. agreed to establish ZAXIS Financial Services Americas, LLC, a joint venture finance company for construction machinery sales in North America.

- Type: Partnership
- Announced: 2022-11-21
- Where: United States
- Status: announced
- Products: construction machinery financing
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [ITOCHU](https://endata.com/companies/1234.md) (partner)
- [Hitachi Construction Machinery](https://endata.com/companies/15738.md) (partner)
- [Tokyo Century](https://endata.com/companies/43551.md) (partner)

## Sources

- [hitachicm.com](https://www.hitachicm.com/global/en/news/press-releases/2022/22-11-21/), 2022-11-20: "The three companies agreed to establish, via the U.S. corporation of each company, the joint venture finance company ZAXIS Financial Services Americas, LLC for financing sales of construction machinery."

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