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Tag: P&H
Construction Equipment
Komatsu Mining closes Bluefield, Va., plant
Komatsu Mining Corp. has closed its manufacturing plant in Bluefield, Virginia, and transferred operations to three of its other U.S. locations, the company says.
January 13, 2021
Mergers & Acquisitions
Acquisition complete, Joy Global is now Komatsu Mining Corp.
Komatsu today announced that it has completed its acquisition of Wisconsin-based surface and underground mining equipment manufacturer Joy Global. Citing a belief that the mining industry will see a long-term rebound driven by increased demand for larger equipment in surface mining and further development of underground mining, Komatsu first announced the $3.7 billion deal in July 2016. Though […]
April 5, 2017
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
Technology
Sany promotes director of engineering and development for crawler cranes
Sany has promoted John Lanning, formerly the company’s research and development director for crawler cranes, to director of engineering and development for Sany crawler cranes globally. Lanning’s new post carries with it two titles, including deputy general manager of Sany Heavy Industry. His main duties will be as director of the R&D Institute of Sany Zhejiang […]
October 15, 2012
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