TOKYO — In a bid to expand its mining business, Hitachi Construction Machinery has purchased a significant interest in Wenco International Mining Systems of Richmond, BC.
Hitachi is well-known in the world's open pit mines for its line of hydraulic excavators. It also markets wheel loaders and off-road haul trucks. (www.HitachiConstruction.com)
Wenco provides expert fleet management systems to miners around the globe. The systems integrate the latest GPS, wireless broadband, computer hardware and software to boost open pit productivity. (www.WencoMine.com)
Phil Walshe, president and CEO of Wenco, said in a news release, "This investment by Hitachi will provide Wenco with a new and strong corporate foundation that will significantly increase our opportunity to provide customers with a high level of product support and enhanced technical service. The new entity will combine Wenco's leading expertise in fleet management systems and software development with Hitachi's long experience in the manufacturing and maintenance of mining equipment. The mining industry continues to need evolving technology solutions to improve operating efficiencies and manage costs. I believe the new Wenco-Hitachi team will be a key player in delivering those solutions in years to come."
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