Expanding business with Komatsu Mining Corp. (formerly, Joy Global Inc.)

The acquisition of Komatsu Mining Corp. (formerly, Joy Global Inc.) closed
The acquisition of Komatsu Mining Corp. (formerly, Joy Global Inc.) closed

The former Joy Global Inc. is a global enterprise with a history of over 100 years, engaging in the manufacture, sale and service of mining equipment, including super-large models for use in surface mining and underground mining equipment, which we didn't have. By and large, there are two types of miming, surface and underground, in the world. We were limited to surface mining equipment but didn't have super-large loading machines for surface mining.

As we anticipate growing needs for larger machines at surface mines and for underground mining equipment in light of economic rationality, we have added super-large machines for surface mining and underground machines to our product offering.

Both Komatsu and Komatsu Mining have engaged in direct sales and service of mining equipment over the years. Through the merger, both parties are well positioned to integrate and strengthen not only manufacturing technologies which emphasize Quality and Reliability, but also time-tested expertise of direct sales and service, which reflects direct contact with customers. The two will also leverage IoT applications to connect surface and underground mining equipment through our fleet management and other systems and achieve optimal machine utilization, remote control and unmanned machine operations to contribute to important improvement of safety and productivity of mining.

A Letter to Customers, Colleagues and All Other Stakeholders

Jeffrey Dawes President and CEO Komatsu Mining Corp.

Jeffrey Dawes
President and CEO
Komatsu Mining Corp.

Earlier this year, Komatsu, a company I’ve been part of nearly 20 years, completed the historic acquisition of Joy Global, a market leader in mining equipment and direct service. I am honored to now be leading the newly renamed Komatsu Mining Corp. with more than 10,000 dedicated employees and more than 130 years of proud history delivering exceptional mining solutions.

My career in mining began during my studies at the Western Australian School of Mines and after at the University of Queensland. In 1985 I relocated to Chile to work as a consultant and then in several copper mines. I joined Komatsu as the General Manager of Mining in Chile in 1998 and in 2003 I became the President and CEO of Komatsu Cummins Chile. Beginning in 2008, I took on an expanded role as President and CEO of Komatsu Latin America.

Transitioning now into my role as President and CEO of Komatsu Mining Corp. has been exciting as we build a new chapter in mining history. Bringing our companies together means many opportunities to build on our combined strengths and leverage shared values such as a focus on innovation, operational excellence and always keeping safety and our customers’ needs first.

Our journey toward a stronger future together has begun, and we are committed to learning from each other as we align the business to deliver even greater value for our customers. I look forward to updating you on our progress along the way, and helping our teams deliver exceptional products and service to move mining forward.

Video of the ceremony
(with sound)
Video of a mining drill

Asia Development Center and Asia Training & Demonstration Center opened

Asia Development Center and Asia Training & Demonstration Center opened
Asia Development Center and Asia Training & Demonstration Center opened

In October last year, we opened the Asia Development Center in Indonesia in order to promptly respond to customer needs in Asian countries by developing and launching products and attachments. The Center will also play the role of sales engineering to recommend optimal machine use in Asia.

In November, we opened the Asia Training & Demonstration Center in Thailand to provide product and technical trainings for distributors and demonstrate machine performance for customers. Training programs mainly geared for sales and service people and product support sales representatives by using actual products, and geared to machine repair and maintenance. As of March 31, 2017, the Center offered 14 courses for 95 trainees. At the machine demonstration site, they train operators in addition to machine demonstration.