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Jul 22, 2008

TRUCKS' MANUFACTURER * USA - Hitachi to Add Big Dump Trucks to Tap Mining Booms

Hitachi Construction Machinery Co., the world's biggest maker of giant excavators, will introduce a large dump truck in September

Tokyo,Japan -Bloomberg, by Masumi Suga -July 22. 2008: -- ... to capitalize on mining booms in Australia, Asia and Africa... The company aims to sell 50 dump trucks in 2010, or a 20 percent share of the global market for mining trucks with a payload capacity of 140 tons to 200 tons... The EH3500 AC II model, to be released on Sept. 1, is developed with its parent Hitachi Ltd... Hitachi Construction Machinery has widened its range of dump trucks to lure customers as it challenges bigger competitors Caterpillar Inc. and Komatsu Ltd.... Mining-equipment makers seek to win more orders from mining companies exploring for new resources, such as coal, gold and iron ore... The EH3500 AC II model, a 185-ton capacity truck that uses the inverter technology used in the electric motors of bullet trains, will be the first self-developed mining dump truck for Tokyo-based Hitachi Construction Machinery...

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