{"id":"faf879db-3b24-4de0-98d1-19138693cc83","slug":"kato-works-x-action-construction-equipment-ace-joint-venture","name":"Kato Works x Action Construction Equipment (ACE) Joint Venture","partnershipType":"joint_venture","status":"active","announcedDate":"2025-11-10T12:00:00.000Z","startDate":null,"endDate":null,"summary":"Kato Works Co., Ltd. and Action Construction Equipment Ltd. (ACE) formed a 50:50 joint venture to invest ₹200 crore in a new crane manufacturing venture in India. The JV will produce advanced truck-mounted cranes and high-capacity cranes for the Indian and global markets.","sources":[{"url":"https://www.facebook.com/machinemakerindia/posts/action-construction-equipment-ltd-and-kato-works-co-ltd-have-entered-into-a-stra/1504040111731288/","title":"Action Construction Equipment Ltd and KATO WORKS CO. LTD strategic joint venture","sourceName":"Machine Maker"}],"verificationPosture":"reported","reviewStatus":"unreviewed","createdAt":"2026-07-17T19:08:23.991Z","updatedAt":"2026-07-17T19:08:23.991Z","parties":[{"id":"0c387eac-fe17-42d9-9162-efa07d141f4f","partnershipId":"faf879db-3b24-4de0-98d1-19138693cc83","companyId":"f949e0fb-5bdf-427f-94eb-b9bd118428da","externalName":null,"role":"manufacturer","createdAt":"2026-07-17T19:08:24.381Z","company":{"id":"f949e0fb-5bdf-427f-94eb-b9bd118428da","slug":"kato-works","name":"Kato Works"}},{"id":"83d101d2-584e-4481-981b-7619cec554b9","partnershipId":"faf879db-3b24-4de0-98d1-19138693cc83","companyId":null,"externalName":"Action Construction Equipment (ACE)","role":"co_developer","createdAt":"2026-07-17T19:08:24.765Z","company":null}]}