Hitachi Establishes New Holding Company for North American Industry Business

Hitachi, Ltd. announced the establishment of Hitachi Industrial Holdings Americas, Inc. on April 1, 2020, as part of its strategy to bolster its industry business in North America. The new entity will integrate operations from Sullair, LLC, a compressor business, and JR Automation Technologies, LLC, a robotic SI business, under a unified management structure.

The establishment aims to provide seamless, total solutions by leveraging digital technologies to connect shop floors with management. This move is intended to enable Hitachi to respond swiftly to market changes and diversifying demands within the North American industrial and distribution sectors. The company seeks to optimize customer operations and enhance business value through these integrated digital solutions.

This initiative aligns with Hitachi's Mid-term Management Plan, which focuses on accelerating its Social Innovation Business through digital transformation. North America is identified as a key growth market due to its progress in advanced manufacturing technologies and distribution. Hitachi aims to significantly increase the revenue of its North American industry sector companies, targeting 200 billion yen by fiscal year 2021, up from approximately 73 billion yen in fiscal year 2018.

Operating from Chicago, Hitachi Industrial Holdings Americas will serve as a strategic hub for the company's industry business across the continent. It will also collaborate with Hitachi Vantara LLC to expand digital solution offerings for the industry and distribution areas, utilizing the customer bases and resources of Sullair and JR Automation.