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Japan-Update

Komatsu bolstering US operations under pressure from Trump

Acquisition of Joy Global is a first step, but maintaining payroll looms large

Komatsu President Tetsuji Ohashi, left, and Wisconsin Gov. Scott Walker hold up the Wisconsin state flag at a ceremony marking the launch of Komatsu Mining, formerly known as Joy Global, at its headquarters in Milwaukee.

MILWAUKEE, U.S. -- A ceremony held in this Midwestern city on Monday marked the formal start of operations of a consolidated subsidiary of Komatsu after the Japanese company acquired a major U.S. mining equipment maker in April. 

The plan is to have Komatsu Mining, formerly known as Joy Global, play a complementary role with its parent in a bid to reduce the group's reliance on Chinese customers and construction equipment sales. 

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