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1974
Siam Motors Co., Ltd. became Thailand's sole distributor, installation and service agent for Hitachi elevators, escalators and moving sidewalks.
1988
Siam Motors Co., Ltd. established Siam Elevator Co., Ltd., (SEC) to solely distribute Hitachi elevators, escalators and moving sidewalks, and Machinery and Equipment Co., Ltd. (MECO) to solely install and service these products in Thailand.
1992
Siam Elevator Co., Ltd. and Machinery and Equipment Co., Ltd. in a joint venture with Hitachi (Japan) Ltd. established Siam-Hitachi Elevator Co., Ltd. (SHE) to solely manufacture install and distribute Hitachi elevators, escalators and moving sidewalks, and Bangkok-Hitachi Elevator Service Co., Ltd. (BHESCO) to solely install and service these products in Thailand under Siam Motors's holding 60% shares and Hitachi's holding 40% shares.
2005
Shareholder portion in Siam-Hitachi Elevator Co.,Ltd.(SHE) and Bangkok-Hitachi Elevator Service Co., Ltd. (BHESCO) was changed to Hitachi Group 60% , Siam Motors Group 40%.
2010
Siam-Hitachi Elevator Co.,Ltd.(SHE) and Bangkok-Hitachi Elevator Service Co., Ltd. (BHESCO) have merged into one company and run the business under the name of Siam-Hitachi Elevator Co.,Ltd.(SHE).
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