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Joy Global renamed Komatsu Mining Corp

Komatsu America Corp, a subsidiary of Komatsu Ltd has completed its acquisition of Joy Global Inc, a worldwide leader in high-productivity mining solutions. Retaining its headquarters in Milwaukee, WI, Joy Global Inc has been renamed Komatsu Mining Corp and operated as a subsidiary of Komatsu.

P&H Joy to set up mfg unit

P&H Joy Mining Equipment India (P&H Joy), a fully owned subsidiary of the US-based Joy Global Inc, announced that it would set up its manufacturing unit in Changi?s proposed airport city at Andal in Bardhaman district making an initial investment of $25 million (Rs 133 crore).