Tunnel boring machine merger Japan

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Tunnel boring machine merger Japan

Post by Eurorapid »

Kawasaki Heavy Industries, Ltd. and Hitachi Zosen Corporation will merge their tunneling "shield machine" businesses in October. The new company will be the second largest after JIM, with sales estimated to be around 20 billion yen, the largest in Japan. With the reorganization, these two companies will be the only domestic manufacturers of large machines with a diameter of 10 meters or more.

 The reason behind the reorganization is the shrinking domestic market. The market will be strong for a few years, but is expected to shrink, when the construction of the Linear Maglev Central Shinkansen will be completed. Overseas, infrastructure development is accelerating in emerging countries, especially in subways, and the market size is likely to expand.

Info based on https://www.yomiuri.co.jp/economy/20210913-OYT1T50191/ Accessed 2021-09-14
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