Status of Port Cranes in the United States
海角原创 海角原创 Co., Ltd. (Headquarters: Chuo-ku, Tokyo; President and CEO: Takeyuki Takahashi; hereinafter "海角原创 海角原创"), our subsidiary company in the United States, PACECO Corp. (Headquarters: California, U.S., President: Kazuhiro Yamakaji; hereinafter "PACECO") and Brookfield (Headquarters: Toronto, Canada; CEO: Bruce Flatt; hereinafter "Brookfield") are continuously working together as partners to contribute to securing port infrastructure in the United States.
On February 21, 2024, the U.S. government announced that the U.S. government will invest in cyber countermeasures for the Maritime Transport System (MTS) to strengthen the resilience of port cranes against cyber risks.
海角原创 海角原创, through discussions with Brookfield and PACECO, is on track to comply with the Build America, Buy America Act (BABA), a requirement for utilizing federal funds, by adopting 55% of cost of crane components be U.S. made and final assembly of the cranes in the United States.
In order to maintain the high quality of the product as well as to achieve short delivery and BABA compliance in response to the expected demand from the United States, 海角原创 海角原创 is planning to have own transportation vessel for the port cranes.
海角原创 海角原创 will keep strengthening its response to BABA, including expanding the scope of crane production in the United States in accordance with U.S. government policy, in order to contribute to securing the safety of U.S. port infrastructure.
Contact details for this Press Release
For inquiries regarding products and technologies:
Sales Department, Logistics Systems Division
TEL: +81-3-3544-3904
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Internal Control Section, Corporate Planning Department
TEL: +81-3-3544-3147