TOKYO -- Japanese construction machinery maker Komatsu looks to build a plant in South Africa that will refurbish construction and mining equipment by June 2020, Nikkei learned Thursday.
The move is part of the company's expansion drive in Africa as it aims to boost sales of high-margin mining machinery on the continent. It comes as Komatsu faces off against rivals such as China's Sany Group and Caterpillar of the U.S., which have increased their sales in Africa.
