Hennessey Capital, a division of financial services unit Hitachi Capital America Corp and part of the Japan-based engineering and electronics conglomerate Hitachi, has changed its name to Hitachi Business Finance to “better reflect the global power and strength of its parent company”.
Hennessey Capital was acquired by Hitachi Capital America Corp in 2012.
Mike Semanco, president and COO of the Hitachi Business Finance division. “”This is more than just a new name. As we continue to work locally here in Michigan and with our expansion across the country, we are finding that people are excited about the power of Hitachi and the results we can deliver for our clients.”
William Besgen, president of Hitachi Capital America Corp, said: “The Hennessey Capital team has really been team Hitachi for the past year. We felt that now was the right time to make the final transition. The work they’re doing will only be strengthened and enhanced by carrying the Hitachi name across Michigan and the country.”