FLEETS

Komatsu Mining Corp opens its doors

Executive leadership, elected officials and hundreds of Milwaukee-area employees gathered yesterday to celebrate the official launch of Komatsu Mining Corp. The company, which was established following the US$3.7 billion dollar acquisition of Joy Global on April 5, is a global mining equipment and services company which will operate as a subsidiary of Komatsu Ltd, based in Japan.

Staff reporter
Komatsu Mining Corp is officially open for business

Komatsu Mining Corp is officially open for business

The official ribbon cutting ceremony at the new company’s office and manufacturing facility on National Avenue in the US marked the launch of Komatsu Mining Corp and kicks off the integration process of Joy Global and Komatsu North America.

“Uniting our global teams brings endless opportunities for our customers, employees and the industry,” said Jeffrey Dawes, president and CEO of the new company. “We couldn’t be more pleased to commit to keeping the headquarters of Komatsu Mining right here in Milwaukee. This has been a great home to us through the years, and it will continue to be, as we move forward together as part of the Komatsu organisation.”

Dawes said that, as Komatsu Mining Corp, the company will continue to promote and invest in the P&H, Joy and Montabert product brands.
He added: “Why did we join the Komatsu organisation? Because merging our teams, products and services makes sense, for our companies and for our customers. Our products, solutions and technologies align, as if by design.

“We have the same priorities and values: safety and our customers first, quality and reliability in everything we do, diverse people who collaborate globally, partnering with our communities to make them better places to live, and innovating to take the mining industry to new heights.

“Joining our companies was not just an option, it was the right fit for a stronger future together.”

Dawes continued: “Our vision is to move forward, to become an even stronger organisation. To offer a more comprehensive suite of services, solutions and products for our customers, to leverage our advanced technological synergies, and to continue growing the P&H, Joy, Montabert and Komatsu brands.”

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Tetsuji Ohashi, president and CEO of parent company Komatsu Ltd, echoed Dawes' comments: “We know true success comes from creating value for our customers; by helping them improve their safety and productivity,” he said. “This acquisition was an important means of rapidly expanding our ability to create enhanced value for our customers.

“The P&H, Joy and Montabert products align perfectly with existing Komatsu offerings, allowing us to provide customers with a full set of solutions. But it is the people behind the product lines that will truly make our integration a success. We are very excited to welcome more than 10,000 employees with deep knowledge and understanding of the mining industry, and a commitment to service and safety.

“This brings great opportunity for us to expand upon the direct service approach and, together, bring products to market faster, fully appreciated by customers.”

Watch the ceremony here

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