Construction machinery company establishes U.S. HQ, expands in Houston

Breaking up is hard to do, but Kobelco Construction Machinery USA Inc. plans to make the most of it. In December, Kobelco, the North American branch of Japan-based Katsuhiko Morita, ended a 10-year joint venture agreement with the Netherlands-based CNH Global NV (NYSE: CNH) to market and distribute construction machinery equipment in North America...