Hitachi Latest To Reduce Chinese Excavator Production
Hitachi Construction Machinery Co. is shutting its Hefei plant in China plant for two weeks a month until October, Bloomberg reported. The first weekly suspension at the plant has reduced average production rates to 25 percent, half the level a year earlier. The plant, in the eastern Chinese province of Anhui in 1995, has capacity to make 30,000 excavators a year.
Caterpillar had previously announced a cut in its excavator production in China.