Komatsu chases $110m
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Tuesday, 4 May, 1999 - 22:00
ONE of the world’s largest heavy equipment suppliers, NS Komatsu, is to target a $110 million a year market for ground engaging tools.
This follows an agreement with South Australian wear parts manufacturer, Mason & Cox Industries-Hensley.
The manufacturing and distribution agreement will involve a combined Komatsu/Mason & Cox and partners competing head-to-head with market leaders Caterpillar and Esco, in the supply of ground engaging tools for Australia’s mining and construction sectors.
For NS Komatsu the alliance will help it target a greater share of the tools market and, at the same time, lift Mason & Cox’s annual production and distribution of these products by 200 per cent to $13 million by 2001.
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