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Tag: Komatsu mining equipment
Construction Equipment
Komatsu Mining expands Milwaukee presence with South Harbor Campus
Komatsu Mining says it will remain in the Milwaukee area, & will build a $285 million, 2.5-million-square-foot South Harbor Campus, located in the city's Harbor District.
September 28, 2018
Construction Equipment
Komatsu unveils Autonomous Haulage Vehicle, a mining truck that doesn’t even have a cab
Though it offers autonomous operation on its 830E and 930E haul trucks, Komatsu has unveiled at the MINExpo show in Las Vegas a mining truck designed specifically for unmanned operation. Typically, the only difference you can spot between manned and unmanned mining trucks is the lack of an operator inside the cab. But Komatsu’s aptly-named […]
September 29, 2016
Trucks
With nuptials atop a 930E haul truck, Komatsu hosts ultimate Vegas wedding
Not everyone who gets married in Las Vegas remembers much of it. Or wants to. But if memorable does happen to be what you’re going for in a Vegas wedding, having them take place two stories high aboard a giant haul truck is certainly one way to go about it. At the MINExpo show Tuesday, […]
September 28, 2016
Construction Equipment
Komatsu taps head trucks engineer Funcannon as new mining VP
Komatsu America has named the new vice president of its mining division following the departure of former VP Erik Wilde. Dan Funcannon, who has been with Komatsu for 22 years, is the company’s new mining head and general manager. He will be responsible for mining sales and support throughout North America and for 200-ton and larger mining […]
August 29, 2016
Dealers
Komatsu acquires mining equipment maker Joy Global for $3 billion
Largely unscathed by the sharp declines in demand for mining equipment that have been bleeding money from competitor Caterpillar over the last few years, Komatsu has decided now is the time to become a more meaningful player in the industry, announcing it will acquire Wisconsin-based surface and underground mining equipment manufacturer Joy Global. Joy Global, founded in […]
July 22, 2016
Business
Despite slight dip in profit during first 6 months, Komatsu revises full-year forecast upward on “brisk” equipment sales
Sales and operating income at Komatsu are up during the first six months of the company’s fiscal year, but the increases weren’t enough to stave off a slight dip in profit. The Japanese heavy equipment manufacturer reported sales of $8.3 billion (942.5 billion Japanese Yen), during the first half of fiscal year 2o14, which ends […]
November 3, 2014
Business
Komatsu sees slight boost in sales and profit during 1Q
Komatsu announced today increases in both sales and profit during the company’s first quarter ending June 31. The company reported net sales of $4.5 billion (460.2 billion Japanese yen), up 1.1 percent from the first quarter of 2013. Operating income rose 21.1 percent to $621.7 million (63.4 billion Japanese yen). Profit for the company rose […]
July 29, 2014
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