March 20, 1995 |
$180-Million Rail Car Order Placed: Kawasaki Heavy Industries and Mitsui and Co. said the order is from the Long Island Rail Road for 114 commuter train cars. The New York City-area railroad, which ordered 23 locomotives from General Motors last week, has an option to buy 48 more commuter cars as part of the contract. The cars will be built by Kawasaki subsidiary Kawasaki Rail Car Inc. of Yonkers, N.Y. About 40% of the required parts will be procured from New York-area suppliers.
July 10, 1991 |
A Federal District Court jury in Los Angeles on Tuesday awarded Clayton Jacobson, the inventor of the jet ski, a $21.5-million judgment against Kawasaki Heavy Industries of Japan and its U.S. subsidiaries. Jacobson, a former Los Angeles resident who now lives in Lake Tahoe, has battled the Japanese company since about 1971, when he first granted them license to manufacture and sell the jet ski, a high-speed, motorized water ski referred to as a "personal watercraft."
December 10, 1990 |
In a step toward Japan's goal of developing an aircraft industry, three Japanese manufacturers have reached an agreement to take their largest role ever in development and production of a new U.S. jetliner. Mitsubishi Heavy Industries, Kawasaki Heavy Industries and Fuji Heavy Industries reached an agreement with Boeing Co.
April 14, 1990 |
Boeing said Friday that three Japanese aerospace firms will build 20% of the structure for the firm's next generation commercial jetliner, setting tighter limits on the Japanese role than had been expected. Under a preliminary agreement, the three Japanese firms will not become "equity partners," meaning that they will be excluded from participating in overall design and management of the new aircraft program, known as the 767-X, Boeing said.
May 22, 1991 |
Boeing Commercial Airplane Group has signed a final agreement with Mitsubishi Heavy Industries Ltd., Kawasaki Heavy Industries Ltd. and Fuji Heavy Industries Ltd., represented by the Japan Aircraft Development Corp. to build major portions of the new Boeing 777 wide-bodied twin jet. . . . Columbus, Ind.-based Cummins Engine Co. reduced its quarterly common stock cash dividend to 5 cents from 55 cents a share, payable June 14 to shareholders of record as of May 31.