Komatsu merges divisions

Komatsu Ltd. has announced the merger of Komatsu Utility Co., Ltd., a wholly owned subsidiary in producing and marketing forklift trucks and mini construction equipment, with Komatsu Ltd. in the form of simplified absorption-type merger to be effective April 1, 2011.

This decision is to provide for new growth into the future, Komatsu has decided to carry out an absorption-type merger and organizationally integrate the utility equipment business.

Under a new organizational framework, Komatsu is going to speed up the operational reinforcement in growing overseas markets, further enhance the product competitiveness and efficiency of development by integrating its development operations, and strengthening its human resource development efforts.