Nissan, Hitachi Forklift Businesses Form New Venture

Automaker Nissan Motor Co. and Hitachi Construction Machinery Co. are planning to place their respective forklift manufacturing organizations into a new venture in which both companies will be minority stakeholders. The new company, to be called UniCarriers Corporation, will be operated as a subsidiary of Innovation Network Corp. of Japan (INCJ) - a government-backed company.

More about the Nissan-Hitachi partership...