# Komatsu invests R$175M to build new factories in Contagem and Parauapebas

Komatsu announced an initial investment of R$175 million to construct new manufacturing units in Contagem (MG) and Parauapebas (PA), Brazil, to strengthen its presence in the mining sector.

- Type: New facility
- Announced: 2024-02-16
- Where: Contagem (MG) and Parauapebas (PA), Brazil
- Value: $35.0M (175.0M BRL)
- Status: under construction
- Products: mining equipment
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

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

## Sources

- [en.clickpetroleoegas.com.br](https://en.clickpetroleoegas.com.br/setor-de-mineracao-do-brasil-recebe-estrondosos-r-175-000-000-em-investimentos-da-komatsu-para-abertura-de-novas-fabricas-no-pais/), 2024-02-16: "With an initial investment of R$ 175 million, the company is constructing new manufacturing units in strategic regions, including Contagem (MG) and Parauapebas (PA)."

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