Yungtay Becomes a Wholly Owned Subsidiary, to Be Renamed Hitachi-Yungtay Elevator
TOKYO, Apr 22, 2022 – (JCN Newswire via SEAPRWire.com) – Hitachi, Ltd. (TSE: 6501, “Hitachi”) today announced that the acquisition of all the outstanding shares of Yungtay Engineering Co., Ltd. (“Yungtay”), a Taiwan-based subsidiary engaged in the manufacture, sale, and service of elevators and escalators, with a view to strengthening its elevator and escalator business... » read more