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HITACHI Construction Machinery Co, the world's biggest maker of giant excavators, finished building a factory in Japan yesterday as surging construction and mining in Asia and Eastern Europe leads to record demand. The 14-billion-yen (US$122-million), 25,000-square-meter plant will make transmissions, drive units and other key parts for excavators, wheel loaders and dump trucks. The factory starts production next month. Japan is headed for its second consecutive annual record for shipments of construction machinery this year, an industry group said last week. Tokyo-based Komatsu Ltd, the world's No. 2 maker of earthmoving machinery, said this month it will raise spending to boost output as demand rises at twice the pace it had expected, Bloomberg News said. "Supply has been failing to catch up with growth in demand," Michifumi Tabuchi, head of production at Tokyo-based Hitachi Construction, sa...

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