Komatsu America Corp. completed its acquisition of Joy Global Inc. Retaining its headquarters in Milwaukee, 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…
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MINExpo Takes Center Stage
Billed as the world’s largest mining show, MINExpo International 2016 kicks off Sept. 26 at the Las Vegas Convention Center. The show is sponsored by the National Mining Association.
Read MoreKomatsu to Merge with Joy Global
Joy Global announced on July 21 that its board of directors unanimously approved a definitive merger agreement whereby Komatsu America Corp. will acquire Joy Global in a transaction valued at about $3.7 billion. Under the terms of the agreement, Joy Global stockholders will receive $28.30 per share in cash for each outstanding share of common stock held, representing a 48…
Read MoreCat Track Drill Features 18 Percent More Power
Caterpillar offers the new MD5150C Track Drill, the first of the C Series drills. The MD5150C delivers top-of-class power and high airflow for fast, efficient drilling of holes from 4 in. (101.6 mm) to 6 in. (152 mm) in diameter. The MD5150C offers a choice of three different rock drills, patented carousel rod changer, ergonomic cab and many other features…
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