[Worldkings – Wowtimes - Almanac Events & Achievements 2022] Milestones during 101 years development of Komatsu Ltd, the world's second largest manufacturer of construction equipment and mining equipment (1921) - Worldkings

[Worldkings – Wowtimes - Almanac Events & Achievements 2022] Milestones during 101 years development of Komatsu Ltd, the world's second largest manufacturer of construction equipment and mining equipment (1921)

11-11-2022

More in topic

[Worldkings – Wowtimes - Almanac Events & Achievements 2022] Highlights during 71 years of development of Tetra Pak, the leading food processing and packaging solutions company (1951)

10-11-2022

(worldkings.org) Komatsu is the world's second-largest manufacturer of construction equipment and mining equipment after Caterpillar.

Komatsu Ltd. or Komatsu is a Japanese multinational corporation that manufactures construction, mining, forestry, and military equipment, as well as diesel engines and industrial equipment like press machines, lasers, and thermoelectric generators.

Its headquarters are in Minato, Tokyo, Japan. The corporation was named after the city of Komatsu, Ishikawa Prefecture, where the company was founded in 1921. Worldwide, the Komatsu Group consists of Komatsu Ltd. and 258 other companies (215 consolidated subsidiaries and 42 companies accounted for by the equity method).

Komatsu is the world's second-largest manufacturer of construction equipment and mining equipment after Caterpillar. However, in some areas (Japan, and China), Komatsu has a larger share than Caterpillar. It has manufacturing operations in Japan, Asia, the Americas and Europe.

(Wowtimes) Komatsu’s history and achievements

1921: A subsidiary to make industrial tools of the Takeuchi Mining Industry was spun off as Komatsu Ltd by Meitaro Takeuchi.
1924: Komatsu built its first press, a 450-ton sheet-forming press.
1931: Komatsu produced its first agricultural tractor prototype.
1931: Komatsu was listed on the Tokyo Stock Exchange
1941: Komatsu began production of large hydraulic presses (1941), diesel engine production (1948), motor graders (1952), forklift, dump trucks, and special purpose vehicles trucks (1953).
1955: Komatsu exported motor graders to Argentina. It was Komatsu's first export of construction equipment

1964: The company opened Komatsu's first overseas liaison office in India.
1967: Komatsu established N.V. Komatsu Europe S.A., Komatsu's first overseas subsidiary in Belgium
1970: Komatsu America Corp. was established in the United States.
1971: Komatsu Singapore Pte. Ltd. was established in Singapore.
1975: Komatsu do Brasil Ltda. produced the D50A bulldozer, marking Komatsu's first offshore production of construction equipment.
1979: The company established Komatsu Australia Pty., Ltd. in Australia.
1984: Komatsu introduced laser machines to the market.

1980s: Komatsu established many subsidiaries in the US and Europe to expand its operation.
1990s: Komatsu established many subsidiaries in China, India, and the Middle East.
1999: Komatsu launched the world's largest mechanical-drive WA1200 wheel loader.
2008: Komatsu launched the world's first Autonomous Haulage System (AHS). The company also introduced the world's first hybrid hydraulic excavator.
2011: The company merged with Komatsu Utility Co., Ltd.
2013: Komatsu launched medium-sized intelligent Machine Control bulldozers equipped with the world's first automatic blade control system.
2016: Komatsu agreed to acquire Joy Global. Joy Global was the reorganized and recapitalized entity of Harnischfeger Industries of Milwaukee, Wisconsin, USA.