Hitachi America, Ltd. Announces Establishment of a Subsidiary in Mexico
Tarrytown, New York, June 3rd, 2014 – Hitachi America, Ltd. (HAL) today announced that it established Hitachi Industrial Equipment Mexico, SA. de C.V. (HIEMEX) in Irapuato, Mexico on April 25, 2014 jointly with Hitachi Industrial Equipment Systems Co. Ltd. (HIES). HIEMEX will be engaged in the sale and after-sales services of HIES products and will begin operations starting in July.
In recent years, industrial manufacturing in Mexico has grown enormously. In particular, there has been a significant increase in the number of domestic and foreign manufacturers mainly from the automobile industry who have established manufacturing facilities in Mexico. As a result, Japanese companies are also increasing their presence in Mexico and view it as a production hub for the American continent that will continue to grow.
In response to the importance of this market shift, HIEMEX will set up a sales and service office in Irapuato, where many Japanese companies are based, in order to provide customers with faster and more customized services for air compressors and other HIES’s products.
HAL, along with HIES, will position HIEMEX as a core office in the region, and HIES aims to expand its Mexican business. HAL and HIES will accelerate their Latin American businesses with a view toward expanding into other Latin American countries.
Profile of HIEMEX
| Company Name | Hitachi Industrial Equipment Mexico, SA. de C.V. |
| Location | Irapuato, Guanajuato, United Mexican States |
| Address | Avenida Rio Seguro 161, Parque Tecno Industrial Castro del Rio, Tramo Irapuato - Silao km 125, Carretera Panamericana, C.P. 36810 Irapuato, Gto., Mexico |
| Representative | Yasuyuki Ogino |
| Business | Sales and servicing of industrial machinery |
| Employees | 7 (Planned) |
| Capital | 32 million Mexican Pesos (Approx. 2.4m USD) |
| Shareholding | HAL75%、HIES25% |
