News Releases

06/18/2015

Hitachi America, Ltd. Announces Establishment of a Subsidiary in Elk Grove Village, Illinois

Tarrytown, New York, June 18, 2015Hitachi America, Ltd. (HAL) today announced that, as of July 1, 2015, it is establishing a new subsidiary jointly with Hitachi Industrial Equipment Systems Co., Ltd. (HIES). The new subsidiary will operate as Hitachi Industrial Equipment Marking Solutions Inc. (HIMS) and will be based just outside of Chicago in Elk Grove Village, IL. To form this new subsidiary, HAL and HIES have also agreed to purchase the assets of IMS-Partners, Inc., a leading provider of marking, gluing and labeling products and services in Illinois, Wisconsin and Indiana.

HIES has been a leader in the Marking and Coding industry for over 40 years, and HAL has been selling and servicing Marking and Coding solutions in the Americas through distributor channels since 2003. With the formation of HIMS, HAL will continue to solidify its leadership position in this market. The new subsidiary will enable HAL to enhance its product line and strengthen its distribution service offerings in Illinois, Wisconsin, and Indiana. HAL is confident that this new subsidiary will accelerate its business in the three states in which it will operate as well as enhance its ability to provide excellent service to customers.

Profile of HIMS

Company Name

Hitachi Industrial Equipment Marking Solutions Inc.

Location

Elk Grove Village, Illinois, United States

Address

2730 Greenleaf Avenue, Elk GroveVillage, IL 60007

Representative

Dale Tetzlaff

Business

Sales and servicing of marking and coding solutions

Employees

9 (Planned)

Shareholding

HAL 80%, HIES 20%