# Komatsu invests R$120M in new plant in Contagem, Brazil

Komatsu is investing R$120 million in a new plant in Contagem, Minas Gerais, Brazil, for open-pit and underground mining operations. Construction is expected to start soon, with operations beginning by end of 2025.

- Type: New facility
- Announced: 2024-01-29
- Where: Contagem, Minas Gerais, Brazil
- Value: $24.0M (120.0M BRL)
- Starts operating: 2025
- Status: announced
- Products: mining equipment
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Komatsu](https://endata.com/companies/15845.md)

## Sources

- [noticiasdemineracao.com](https://www.noticiasdemineracao.com/empresas/news-articles/1464182/komatsu-investe-rusd-120-mi-em-nova-planta-em-mg), 2024-01-29: "A companhia já obteve as licenças necessárias para o projeto e as obras de construção devem ser iniciadas nas próximas semanas."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.