Business Tie-up for Hydraulic Equipment and Systems

Feb. 13, 2002

  Kawasaki and Kayaba Industry Co., Ltd., agreed on February 13 to enter into a tie-up arrangement covering hydraulic equipment and system business.
  For both partners, the tie-up has the common objective of seeking steady development as leading manufacturers and capitalizing on the technical capabilities and brand credibility they have built up. While management will remain independent, the two companies will complement each other's business resources and build cooperative relations in a broad range of activities, with a view to improving efficiency and strengthening technical competitiveness.
  Kawasaki and Kayaba will exchange technical resources to enhance product quality and share market information. They will also work closely together in international markets, promoting cooperation in overseas sales networks and complementing product lineups with an eye to further enhancing the reliability of products and thereby satisfying customer expectations.