Komatsu renames Joy Global to Komatsu Mining Corp. after $3.7 billion acquisition

Komatsu America Corp. is in the early stage of integrating two companies after acquiring Joy Global Inc., and it is business as usual at this point, except a name change.

Komatsu America, a subsidiary of Komatsu Ltd., has changed the name of Joy Global to Komatsu Mining Corp.

“There are no immediate changes to how we do business. Bringing our companies together offers many exciting opportunities for growth,” said Caley Clinton, global public relations manager for Komatsu Mining Corp.

 “We continue to honor all contracts and agreements with our customers and look forward to offering them an even stronger line of offerings as a result of this acquisition,” she said.

The Joy Global facility in Elko is now part of Komatsu America. Komatsu Equipment Co. also has a branch in Elko.

“As we study best practices worldwide during integration, we will be looking at optimal facility use and the best ways to leverage our teams, technologies and more,” Clinton said. “Our goal is to leverage the best practices of both companies to form a unique and unrivaled mining solutions and services provider, adding value to our customers around the world.”

The Elko Daily Free Press reports no layoffs are planned. Clinton said the employee count hasn’t changed, and employees will continue supporting customers “as we work to integrate our organization with the larger Komatsu corporation.”