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Tag: Komatsu Joy Global
Dealers
Komatsu Q1 sales jump 44%, profit doubles in wake of Joy Global acquisition
The immediate impact of Komatsu’s acquisition of Wisconsin-based surface and underground mining equipment manufacturer Joy Global has been overwhelmingly positive as the Japanese equipment manufacturer has seen big sales and profit gains in the first quarter of the current fiscal year. According to the company’s FY 2018 Q1 earnings report, sales are up 44.2 percent to […]
August 11, 2017
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
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