Publication: CIM Magazine
Komatsu moves underground with Joy Global acquisition
By Kylie Williams Komatsu, the world’s second largest manufacturer and supplier of earth-moving equipment, announced on July 21 it would buy Joy Global, a leading manufacturer of surface and underground mining equipment, for US$3.7 billion cash. The deal is expected to close in mid-2017 and will add underground mining equipment and super large-sized loading equipment... Read more »