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Takeuchi

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Takeuchi Mfg. Co. Ltd. was established in 1963 in Nagano, Japan.[1] Originally a manufacturer of auto parts, the company switched its focus to earthmoving equipment due to a construction boom in Japan during the 1960s. Takeuchi now has operations in Japan, China, Britain, France, and the United States.[2]

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[edit] History

Takeuchi was founded in 1963 by current president and representative director, Akio Takeuchi.[3]

In 1971 Takeuchi produced the world’s first compact excavator. At the time, the machine was dismissed by competition as toy-like, but quickly gained popularity due to its flexible manuevering. In 1986 Takeuchi had another world’s first when it launched a track loader capable of navigating rough terrain. [4]

[edit] The Company Today

Today, Takeuchi sells over 20,000 units per year.[5] For the fiscal year ended February 2008, Takeuchi had revenues of ¥76,046 million (US$765.5 million as of April 16, 2009).

Takeuchi has four foreign subsidiaries. The company expanded into the United States in 1979; the United Kingdom in 1996; France in 2000; and China in 2006.[6]

On April 16, 2009, Toyota Tsusho Corp. purchased US$6.24million of Takeuchi's stock, becoming the company's second-largest shareholder with 6.99 percent of shares.[7]

[edit] Equipment List

[edit] References

  1. Takeuchi - About Us. Takeuchi Mfg. (U.S.) Ltd. [April 16, 2009].
  2. Takeuchi History. PROskid. [April 16, 2009].
  3. Takeuchi History. PROskid. [April 16, 2009].
  4. Takeuchi - Company Profile. Takeuchi Mfg. Co., Ltd. [April 16, 2009].
  5. Takeuchi History. PROskid. [April 16, 2009].
  6. Takeuchi - Company Profile. Takeuchi Mfg. Co., Ltd. [April 16, 2009].
  7. Toyota Llfts stake in construction machinery maker Takeuchi. TradingMarkets.com. [April 16, 2009].

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