Deere, Hitachi end joint venture; Deere acquires BC factory
- August 19, 2021
John Deere has announced an agreement with Hitachi Construction Machinery to end the Deere-Hitachi joint venture manufacturing and marketing agreements.
Effective February 28, 2022, John Deere will acquire three Deere-Hitachi joint venture factories, including Deere-Hitachi Specialty Products in Langley, B.C. (pictured), where forestry swing machines have been manufactured since 1998. The 115,000 sq. ft. facility houses logistics, assembly, paint and engineering operations.
John Deere will continue to manufacture the Deere-branded construction and forestry excavators currently produced at the three joint venture factories. These locations will discontinue production of Hitachi-branded excavators. John Deere will continue to offer a full portfolio of excavators through a supply agreement with Hitachi.
The companies have also announced new license and supply agreements, which will enable John Deere to continue to source, manufacture, and distribute the current lineup of Deere-branded excavators in the Americas.
"For many years, John Deere and Hitachi enjoyed a mutually successful partnership in the Americas," said John Stone, president, John Deere Construction & Forestry Division and Power Systems. "As we turn the page to a new chapter of Deere-designed excavators, we remain committed to supporting our customers of today and tomorrow."