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China Daily | Updated: 2011-02-26 07:36
Hitachi may build China plant
Hitachi Construction Machinery Co, the world's biggest manufacturer of giant excavators, may build its first key components plant in China. The move is part of a drive to obtain more of its parts from Asia, excluding Japan, to counter a stronger yen.
The company may raise the proportion of overseas-made components and materials to two-thirds from 50 percent, Chief Executive Officer Michijiro Kikawa said in an interview.
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