Corporate History
1910 | June | The Tobata Foundry Co., which later became the Tobata Works, established. This was the first modern malleables manufacturing facility in Japan. Later, fittings, small-scale pig iron rolls, and cast steel product manufacturing facilities were added. |
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1917 | July | Teikoku Foundry Co., which later became the Wakamatsu Works, established to initiate production of a variety of rolls in Japan. Purchased in 1926 by the Tobata Foundry Co. |
1922 | December | Kizugawa Manufacturing, which later became the Kuwana Works, established as a plant specializing in fittings. Purchased in 1926 by the Tobata Foundry Co. |
1929 | November | The Tokyo Manufacturing Plant of the Tobata Foundry Co., which later became the Fukagawa Works, established to manufacture malleables for use in the automobile industry. |
1934 | February | Yasugi Steel Manufacturing, which later becomes Yasugi Works, is merged by Tobata Foundry Co. (Yasugi Steel Manufacturing was created as the result of the Unpaku-Steel Limited partnership in 1899 and purchased by Tobata Foundry Co. as a subsidiary in 1925). |
1935 | November | Name of the Tobata Foundry Co. changed to Kokusan Industries, Ltd. |
1937 | May | Kokusan Industries, Ltd. purchased by Hitachi, Ltd. |
1956 | April | Hitachi Metals Industries, Ltd. established (Capital: ¥1 billion provided by Hitachi, Ltd.) |
October | Hitachi, Ltd., transferred its metals business and five plants to Hitachi Metals Industries, Ltd. (Tobata, Fukagawa, Kuwana, Wakamatsu, and Yasugi), and business activities began. | |
1961 | July | Kumagaya Works established |
August | Over-the-counter trading of shares begun | |
October | Listed on the second sections of the Tokyo and Osaka stock exchanges | |
1962 | August | Upgraded listing to first sections of the Tokyo and Osaka stock exchanges |
1965 | November | Hitachi Metals America, Ltd., established in the United States |
1967 | January | Merged with Hitachi Metals, Ltd., to change par value of shares and company name |
1970 | October | Hitachi Metals Europe GmbH established in Germany |
1979 | February | Hitachi Metals Singapore Pte. Ltd. established in Singapore |
1995 | October | Merger with Hitachi Ferrite, Co. Ltd. |
2001 | April | Implementation of officer system and company system |
2003 | June | Adopts Company-with-Committees Structure |
2003 | August | Purchased the Amorphous Metals Business Division of Honeywell International Inc. |
2003 | October | Transfered Hitachi Metals' water treatment business to Hitachi Plant Engineering & Construction Co., Ltd. |
2004 | April | NEOMAX Co., Ltd. became a consolidated subsidiary of Hitachi Metals |
2005 | April | Soft Magnetic Materials Company Established |
2007 | April | Merger with NEOMAX Co., Ltd. |
2011 | April | Metglas Yasugi Works established |
2012 | April | Saga Works established |
2013 | July | Merger with Hitachi Cable, Ltd., Cable Materials Company established |
2014 | July | Acquisition of Shares of MMC Superalloy Corporation. Hitachi Metals MMC Superalloy, Ltd. became a consolidated subsidiary of Hitachi Metals |
2014 | November | Waupaca Foundry, Inc. became a consolidated subsidiary of Hitachi Metals |
2015 | January | Hitachi Metals Korea Co., Ltd. is established. |
2015 | November | Diehl Tool Steel, Inc., a wholly owned tool steel distribution subsidiary in U.S., is established. |
2016 | February | Acquisition of shares in U.S. medical equipment components companies, HTP-Meds, LLC and Hi-Tech Machine and Fabrication, LLC. |
2016 | September | Neodymium-Iron-Boron magnets manufacturer Hitachi Metals San Huan Magnetic Materials (Nantong) Co., Ltd. is established in China. |
2017 | April | Global Research & Innovative Technology Center (GRIT) is established. |
2018 | April | Hitachi Metals MMC Superalloy, Ltd. merges with Hitachi Metals. The Okegawa Works is established. |
2019 | April | Reform the 4 internal companies into 2 business divisions. |
2023 | January | Hitachi Metals changed its name to Proterial. |