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Announced

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John Deere and Hitachi Construction Machinery dissolved the Joint Venture.

Synopsis

John Deere, a company that provides advanced products, technology, and services for customers whose work is revolutionizing agriculture and construction, and Hitachi Construction Machinery, a Japanese construction equipment company dissolved the Joint Venture. Financial terms were not disclosed. "For many years, John Deere and Hitachi enjoyed a mutually successful partnership in the Americas. As we turn the page to a new chapter of Deere-designed excavators, we remain committed to supporting our customers of today and tomorrow," John Stone, John Deere President Construction & Forestry Division and Power Systems.

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