Corporate News     20-Jun-24
Action Construction Equipment in talks for a JV with Kato Works Co., Japan
To manufacture medium and large sized cranes in India
Action Construction Equipment announced that the company is currently in discussions with Kato Works Co., a Japanese global construction equipment manufacturer of Mobile Cranes, Excavators and other equipment (hereinafter referred to as KATO) to establish a joint venture in India, and the two companies plan to sign a formal contract as soon as they reach an agreement on the terms.

The joint venture intends to produce medium and large sized cranes (mainly truck cranes, crawler cranes and rough terrain cranes) for the growing Indian market and in the future, JV also plans to utilize the technology which will be cultivated in the company's development and introduce wide range of value added products for exports to other countries from India.

Previous News
  Action Construction Equipment consolidated net profit rises 117.60% in the September 2023 quarter
 ( Results - Announcements 10-Nov-23   07:33 )
  Action Construction Equipment to hold AGM
 ( Corporate News - 26-Jul-23   15:55 )
  Board of Action Construction Equipment recommends final dividend
 ( Corporate News - 21-May-24   17:34 )
  Action Construction Equipments standalone net profit declines 15.20% in the December 2019 quarter
 ( Results - Announcements 05-Feb-20   13:55 )
  Action Construction Equipments consolidated net profit rises 1.96% in the September 2020 quarter
 ( Results - Announcements 06-Nov-20   15:36 )
  Action Construction Equipment to conduct board meeting
 ( Corporate News - 19-May-23   12:36 )
  Action Construction Equipment consolidated net profit declines 11.48% in the December 2021 quarter
 ( Results - Announcements 05-Feb-22   15:31 )
  EIH Ltd leads losers in 'A' group
 ( Hot Pursuit - 04-Sep-23   15:00 )
  Action Construction Equipment to discuss results
 ( Corporate News - 24-Oct-20   11:07 )
  Action Construction Equipment announces change in directorate
 ( Corporate News - 04-Aug-14   18:41 )
  Action Construction Equipments net profit rises 66.48% in the September 2010 quarter
 ( Results - Announcements 30-Oct-10   19:19 )
Other Stories
  Vardhman Special Steels allots 35,250 equity shares under ESOP
  02-Jul-24   12:00
  HCL Technologies collaborates with IBM to establish Gen AI Center of Excellence
  02-Jul-24   11:53
  Hindustan Construction Company receives credit ratings for various debt facilities
  02-Jul-24   11:48
  Bajel Projects grants 25.53 lakh stock options under ESOP
  02-Jul-24   11:39
  Ishaan Infrastructure & Shelters revises board meeting date
  02-Jul-24   10:36
  TCS partners with Sydney Marathon, Australia's largest marathon
  02-Jul-24   09:57
  Viceroy Hotels adjourns EGM
  02-Jul-24   09:48
  MPS reschedules AGM date
  02-Jul-24   09:47
  Esaar (India) to convene board meeting
  02-Jul-24   09:46
  Oceanic Foods to announce Quarterly Result
  02-Jul-24   09:45
Back Top