Tag: mining

KOMATSU strengthens presence in Germany

Komatsu Mining Germany GmbH based in Düsseldorf and the Komatsu Hanomag GmbH based in Hanover are to merge, keeping both locations, to form Komatsu Germany GmbH.
Düsseldorf/Hanover, September 2016 – Komatsu is one of the leading construction equipment manufacturers globally with its head office in Tokyo, Japan and employs around 47,000 employees in 140 companies worldwide. In Germany, the company is active in both the construction equipment sector and in the mining business.

Komatsu Hanomag was founded in 1835 as the “Hannoversche Maschinenbau Actiengesellschaft” (Hanover Machine Construction Corporation) (HANOMAG) and has been a wholly-owned subsidiary of the global corporation Komatsu Ltd since 2002. At the Hanover site, wheel loaders and mobile excavators are developed and produced. The workforce in Hanover consists of around 600 employees.

Doosan Sells Montabert to Joy Global

Doosan Infracore Co Ltd has sold 100% of the shares of Montabert S.A.S. (France) to Joy Global Inc., a leading supplier of advanced equipment, systems and services for the global mining industry. Joy Global is listed on the New York stock exchange and employs 14,000 employees in 20 countries. The sum involved was approximately $123 million.

Montabert’s products and equipment fit Joy Global’s core business of designing, manufacturing, distributing and servicing high productivity mining equipment. This evolution will provide Montabert and its employees with the opportunity to work for a global mining equipment business that is active in all major mining regions in the world.

Thailand: Caterpillar to open facility to produce underground mining machinery

Caterpillar has announced that it plans to open a new manufacturing facility in Thailand.

The company will break ground on the new factory in early 2011, with production scheduled to begin in late 2012. The facility will produce a full range of underground mining articulated trucks and loaders, which are used by Caterpillar customers around the world in hard-rock underground mining applications.

International: Caterpillar acquires Bucyrus to increase domination on construction and mining sectors

Caterpillar Inc. and Bucyrus International, Inc. have announced that they have entered into an agreement under which Caterpillar will acquire Bucyrus International in a transaction valued at approximately $8.6 billion (including net debt).

This acquisition significantly increases Caterpillar’s domination as a supplier to the building, construction, demolition, quarrying and mining sectors. Historically, always a supplier to the mining industry, the range of products that Bucyrus brings to Caterpillar extends the groups ablity to supply a vast range of high-production surface and underground mining.

Questions to be answered are product rationalisation as Bucyrus recently acquired Terex mining division with its mining excavators and dump trucks. Caterpillar has also announced its own range of mining excavators. Which range will be given priority has yet to be announced.

At the first opportunity, Contractors World will try to determine what rationalisation is involved and, of course, this extends to dealer networks and product supports services.