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The history of IHI

1853

Ishikawajima Shipyard is established.

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1876

Ishikawajima Hirano Shipyard is established.

1889

Ishikawajima Shipbuilding & Engineering Co., Ltd. is established.

1907

Harima Dock Co., Ltd. is established (subject to a merger later on).

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1924

Ishikawajima Aircraft Manufacturing Co., Ltd. is established (becomes TACHIHI ENTERPRISE CO.,Ltd.and New Tachikawa Aircraft Co., Ltd. later on).

1929

 The automobile section spins off and Ishikawajima Automotive Works Co., Ltd. is established (becomes Isuzu Motors Limited later on through a series of mergers).
Harima Dock Co., Ltd. is renamed to Harima Shipbuilding & Engineering Co., Ltd.

1936

Ishikawajima Shibaura Turbine Co., Ltd. is established (for manufacturing of steam turbines for use on land) jointly with Shibaura Engineering Works Co., Ltd. (currently Toshiba Corporation).

1939

Shibaura United Engineering Co., Ltd. is established jointly with Shibaura Engineering Works Co., Ltd. (currently Toshiba Corporation) and United Engineering & Foundry (USA).

1941

Nagoya Shipbuilding Co., Ltd. is established (subject to a merger later on)

1945

Ishikawajima Hirano Shipyard established Ishikawajima Heavy Industries Co., Ltd. after changing its name twice.

1954

Kure Dock splits off from Harima Shipbuilding & Engineering Co., Ltd. and is established as Kure Shipbuilding & Engineering Co., Ltd.

1957

Tanashi Aero-Engine Plant opens as a factory specializing in jet engines.

1959

ISHIBRAS is established.

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1960

Ishikawajima Heavy Industries Co., Ltd. and Harima Shipbuilding & Engineering Co., Ltd. merge to establish Ishikawajima-Harima Heavy Industries Co., Ltd. (IHI)

1961

Accompanying merger and acquisition of Ishikawajima Shibaura Turbine Co., Ltd. by Toshiba Corporation, Ishikawajima-Shibaura Seiki Co., Ltd. is established (subject to a merger later on).
Nagoya Heavy Industries Co., Ltd. is established (subject to a merger later on).

1962

Merges with Ishikawajima-Shibaura Seiki Co., Ltd. and Shibaura Sewing Machine Co., Ltd. (capital: 15.4 billion yen)

1964

Yokohama No.1 Works (currently Yokohama Machinery Works) is established as a heavy machinery plant.
Merges with Nagoya Shipbuilding Co., Ltd. and Nagoya Heavy Industries Co., Ltd. (capital: 24 billion yen).
Yokohama No.2 Works (currently IHI Marine United Yokohama Shipyard) is established as a shipbuilding plant (operation on the first ship starts on October 22).

1967

Merges with Shibaura United Enginering (capital: 25.872 billion yen).

1968

First term of Yokohama No.3 Works (currently Yokohama Nuclear & Chemical Components Works), or a heavy container works, is completed.
Merges with Kure Shipbuilding & Engineering Co., Ltd. (capital: 28.872 billion yen).

1973

Chita Works (currently Aichi Works) opens.

1981

Japanese Aero Engines Corporation is established (jointly by Mitsubishi Heavy Industries, Ltd. and Kawasaki Heavy Industries, Ltd.).

1983

International Aero Engines is established through development of civil aircraft engines (V2500) by Japan, England, the United States, Germany, and Italy.

1988

The diesel engine department spins off for establishment of Diesel United, Ltd.

1994

Construction of "Yokohama Engineering Center" is completed.

1995

Marine United is established jointly with Sumitomo Heavy Industries, Ltd.

1998

Construction of Soma Aero-Engine Plant as a jet engine parts plant is completed.

2001

The paper manufacturing machine section spins off for establishment of Voith IHI Paper Technology Co., Ltd. jointly with Voith (Germany).

2002

Construction of "Yokohama Engineering Center 2" is completed.
Shipbuilding & Offshore Operations becomes a separate corporation, IHI Marine United Inc.

2003

Taking over the "engines and turbines" business and "transportation system, vehicle, and snowplows" business, Niigata Power Systems Co., Ltd. and Niigata Transys Co., Ltd. are established.
The space development business is integrated into IHI Aerospace Co., Ltd.

2004

Joint machinery companies are successively established in China jointly with local manufacturers.
"Changchun FAWER-IHI Turbo Co., Ltd." for vehicle turbochargers
"Hangzhou XIZI-IUK Parking System Co., Ltd." for mechanical parking systems (Ishikawajima Transport Machinery Co., Ltd.)
"IHI-Sullair Compression Technology (Suzhou) Co., Ltd." for general-purpose compressors

2006

Head Office is relocated to Toyosu, Koto-ku, Tokyo (Toyosu IHI Building).

2007

The company name is changed from "Ishikawajima-Harima Heavy Industries Co., Ltd" to "IHI Corporation".

2008

Transferred Cement Plants business to Kawasaki Plant Systems Ltd.

2009

Transferred operations of Garbage-disposal Plant business to IHI Kankyo Engineering Co.,Ltd.
Reorganized ‘Logistics Systems & Structures Operations’ and ‘Industrial Machinery Operations' into five newly-established separate Operations; ‘Logistics Systems’, ‘Infrastructure’, ‘Offshore Project & Steel Structures’, ‘Industrial Machinery & Environmental Equipment’ and ‘Rotating Machinery’.
Integrated Bridge and Water Gate business with those of Kurimoto Ltd. and Matsuo Bridge Co.,Ltd., and established IHI Infrastructure Systems Co.,Ltd.
Integrated Shield Tunneling Machine business with that of JFE Engineering Corporation, and established Japan Tunnel Systems Corporation.

2010

Reorganized ‘Energy Plant Operations’ into two newly-established separate Operations; ‘Energy Systems’ and ‘Nuclear Power’.

2011

Established a joint corporation for manufacturing turbine equipment of nuclear power plants, TOSHIBA IHI Power Systems Corporation, with Toshiba Corporation.

2012

Acquired majority of share of a telecommunications company, MEISEI ELECTRIC Co., Ltd.
Acquired 100% of the shares of IHI Transport Machinery Co., Ltd. and ISHIKAWAJIMA CONSTRUCTION MATERIALS Co., Ltd.
Established a joint corporation for steel making machines, Paul Wurth IHI Co., Ltd. with Paul Wurth S.A. of Luxembourg
Acquired 100% of the shares of Ionbond (Switzerland) to strengthen heat / surface treatment operation.

2013

Merged IHI Marine United Inc. and Universal Shipbuilding Corporation owned by JFE Holdings, Inc., and established Japan Marine United Corporation.
Succeeded the rights and obligations regarding rolling mill business of IHI METALTECH Co., Ltd. to Mitsubishi-Hitachi Metals Machinery Inc.

2014

Acquired Steinmüller Engineering GmbH to accelerate the development of lignite coal fired boilers for an early market entry.
Established commercial aero engine company “Mitsubishi Heavy Industries Aero Engines, Ltd.” with Mitsubishi Heavy Industries, Ltd. and Development Bank of Japan Inc.

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