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Tag: Hitachi Industrial Products Business Unit
Dealers
Business Roundup: Construction spending down; Hitachi buys Sullair; Acosta confirmed as Labor Sec.; Volvo CE, United Rentals Q1 earnings
Construction spending falls 0.2% in March Gains in residential construction spending during March were offset by an identical loss in nonresidential as total construction spending in the U.S. fell 0.2 percent. Total spending fell to $1.2 trillion, but remains 3.6 percent above the March 2016 figure, according to preliminary data from the Commerce Department. Private […]
May 9, 2017
Dealers
Hitachi eyes North American distribution network with Sullair purchase
Hitachi is purchasing Sullair from Accudyne to pick up the company’s portable air compressor business and as a means of tapping into the brand’s sales network with a primary focus on the North American market. The announced purchase price is $1.245 billion. “We are thrilled by the prospect of partnering with Hitachi to grow Sullair […]
May 2, 2017
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