Komatsu invests 175M reais in Brazil expansions and new facility

Japanese heavy machinery manufacturer Komatsu is investing 175 million reais ($35.7 million) in Brazil: 120 million reais for a new facility in Contagem, Minas Gerais, and 55 million reais for a unit in Parauapebas, Pará. The Contagem facility will unify operations and serve as Komatsu's new Brazil headquarters, ready by end of 2025.

“We noted that mining companies operating in Brazil, mainly in the areas of iron ore and copper, are implementing expansion plans.”bnamericas.com

• 1 source
• bnamericas.comHow Komatsu is preparing for a possible Brazilian mining boom - BNamericasJan 31, 2024

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