Hitachi Industrial Equipment Systems Co Ltd (HIES), a wholly owned subsidiary of Hitachi, Ltd, has announced the establishment of Hitachi Global Air Power, a new company bringing together its global compressed air business.
Following the development, Sullair will change its company name and operate under Hitachi Global Air Power. Sullair was founded on July 14, 1965, and became a wholly owned subsidiary of Hitachi on July 13, 2017.
In the nearly six years since the acquisition, HIES has leveraged the Sullair global sales network and complementary portfolio products and services to substantially increase the size, strength, and competitiveness of its global air compressor business, Hitachi wrote in a statement.
According to HIES, Hitachi Global Air Power will be instrumental in accelerating its global growth through green (sustainable) and digital products and solutions that match today’s environment and digital age.
Commenting on the development, Yasuhiro (Charlie) Takeuchi, president and CEO of HIES, said, “We are the same organisation, ownership, leadership, and staff, but now we have a name that more clearly demonstrates Hitachi’s breadth of compressed air solutions, product lines and innovation that both Sullair and Hitachi bring to the market.”
He said, “In today’s relentlessly transforming society, Hitachi Global Air Power is uniquely positioned to raise the bar on the value we deliver to customers through our comprehensive portfolio of compressed air products and solutions such as Air as a Service.”
The newly formed subsidiary seeks to provide ultra-high-efficiency compressed air products and connected solutions that help customers achieve more energy savings and operational efficiencies.
Hitachi Global Air Power will continue to offer a full range of integrated compressed air solutions, including portable air compressors, industrial air compressors (oil-free and oil-flooded), aftermarket OEM parts, fluids, and more.