Hitachi Ready to Resume Pre-Quake Output

May 16, 2011

Hitachi Construction Machinery says it expects to fully recover from Japan’s worst earthquake as early as this week after the calamity halted factories and parts supplies.

Production at five plants in Ibaraki prefecture, north of Tokyo, will probably return to the pre-quake level of 100 percent capacity this week, CEO Michijiro Kikawa said in an interview at his Tokyo headquarters. Output in late April dipped to 60 percent of capacity, he said.

Read  more

Source: Boomberg.com

x
expand_less