Joint venture aims to corner Japanese motors market.(Brief Article)

Hitachi Ltd, Fuji Electric Co, and Meidensha Corp will set up a joint venture company, Japan Motor & Generator Co Ltd, to develop high-voltage motors and small- to medium-capacity generators.

By sharing technologies, the three companies aim to dominate the domestic market, as well as becoming a world-class manufacturer.

High-voltage motors are key components in a variety of machinery used in such applications as electric power plants, general industry and water treatment facilities.

In combination with engines and other motive units, small- to med