# 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.

- Type: Investment
- Announced: 2024-01-31
- Where: Contagem, Minas Gerais; Parauapebas, Pará, Brazil
- Value: $35.7M (175.0M BRL)
- Starts operating: 2025
- Status: under construction
- Products: autonomous mining trucks, mining equipment
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

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

## Sources

- [bnamericas.com](https://www.bnamericas.com/en/interviews/how-komatsu-is-preparing-for-a-possible-brazilian-mining-boom), 2024-01-31: "We noted that mining companies operating in Brazil, mainly in the areas of iron ore and copper, are implementing expansion plans."

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