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ITR Group has entered into a definitive agreement to acquire ITM Group, a global leader in undercarriage systems for the earthmoving industry. The transaction is expected to close in January 2027.
ITM Corporation (ITM) will build a new factory on its headquarters site in Ishikawa Prefecture, Japan, to increase production capacity for metal parts used in buses, trucks, and construction machinery by 30%. The expansion aims to meet growing demand from increased tourism and e-commerce.
| Site | Largest | Latest |
|---|---|---|
| Kawakita, Japan | 2017-08-30 |