Komatsu acquires Joy Global to expand mining business

Komatsu America Corp., a subsidiary of Komatsu Ltd. (TYO: 6301) (“Komatsu”) has completed its acquisition of Joy Global Inc. (“Joy Global”), a worldwide leader in high-productivity mining solutions. Retaining its headquarters in Milwaukee, WI, Joy Global Inc. will be renamed Komatsu Mining Corp. and operate as a subsidiary of Komatsu. The company will continue to promote and invest in the P&H, Joy and Montabert product brands. Komatsu remains committed to directly servicing the global mining industry and through its products, services and technologies is focused on helping customers improve productivity and safety in their operations worldwide.