Phila Mzamo | Apr 12, 2018
Japanese machine maker Komatsu expects revenue growth from mining to slow as a surge in demand for equipment maintenance fades while miners remain wary of large new investments, an executive at the company said on Wednesday. Miners were forced to...
Phila Mzamo | Sep 29, 2017
Mining and construction manufacturer, Komatsu South Africa has dramatically increased its share in the local grader market following the delivery of 28 GD675-5 motor graders to the KwaZulu-Natal (KZN) Department of Transport. The fleet represents...
Phila Mzamo | Jul 28, 2017
Earth-moving equipment giant, Komatsu, has partnered with Investec Property to consolidate its head office operations, warehouse and distribution centres, workshops and remanufacturing facilities into one centralised campus. Measuring approximately...
Phila Mzamo | Apr 6, 2017
Komatsu America Corp has successfully completed its acquisition of Joy Global valued at approximately $3.7 billion, in a bid to increase it’s presence in the mining industry. Following the close of the transaction, which included Joy Global’s...
Phila Mzamo | Jul 29, 2016
The acquisition of Joy Global by Komatsu has been described as a “compelling transaction,” by Joy Global’s chief executive Ted Doheny, even under the industry pressure, which has seen a drastic drop in the demand for mining equipment....
Mpinane Senkhane | Nov 27, 2015
Net income fell to 32.6 billion yen ($271 million) for the three months to Sept. 30 from a revised 40.3 billion yen a year earlier, the Tokyo-based company said in a statement on Wednesday. Komatsu reiterated that full-year net income will probably...
3SMedia | Sep 19, 2014
Komatsu has released its new KOMTRAX remote monitoring system designed specifically for mining equipment. The remote monitoring system, which provides access to view specific machine data via the internet on a user’s computer, enables the...
gerhard | Jul 31, 2014
Buying a heavy mining-class dozer is a considerable capital investment, particularly when the machine is required to earn an income in the plant hire business. Having bought several of these dozers in the past ten years since establishing Burma...
gerhard | Jul 4, 2014
Komatsu, the second-largest mining and construction OEM in the world, has revealed that sales are plummeting in China due to continued depressed demand in Asia. The OEM’s sales were down 20% year-on-year in April /May, a significant drop in that...
