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New Avenues to Growth

The ongoing COVID-19 pandemic has hit market players adversely on the supply side, causing declining sales of undercarriage components.

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.

Joy Global, Komatsu America Corp to merge

Joy Global Inc, a worldwide leader in high-productivity mining solutions, announced that its Board of Directors has unanimously approved a definitive merger agreement under which Komatsu America Corp, a subsidiary of Komatsu Ltd , will acquire Joy Global in a transaction valued at approximately $3.7 billion, including Joy Global?s outstanding indebtedness.

The K-Way

With a state-of-the-art manufacturing facility and well -defined work practices, Komatsu India (KIPL) has created a niche for itself in its domain. A Special feature on the construction and mining equipment major?s Chennai manufacturing facility.

Komatsu builds new factory for hydraulic excavators

Tetsuji Ohashi, President and CEO, Komatsu Ltd held the opening ceremony of a new factory for hydraulic excavators at Komatsu India Pvt. Ltd. (KIPL)