Komatsu : announces closure of Bluefield plant ーCompany shifting work to other U.S. facilities to adjust capacity to demandー
January 12, 2021 at 04:08 am
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Jan. 12, 2021
January 12, 2021 - To adjust its manufacturing operations to needed capacity and optimize its global footprint, Komatsu today announced it is closing its manufacturing plant in Bluefield, Virginia, and shifting that work to three other facilities in the company's U.S. network.
'These are truly unprecedented times and as a company we have had to adapt as best we can, working to balance capacity to demand,' said Peter Salditt, president of underground mining. 'We have a long history in Bluefield and this was a very difficult decision that we are sad to make. The contributions of everyone who worked there, past and present, will always be a proud part of our history and we are working to support affected employees during this difficult time.'
The company plans to meet with bargaining unit representatives to discuss options for employees impacted by the closure. The company announced the decision to employees today and is committed to keeping them informed throughout the process.
Production work to support the company's Joy continuous miner products for underground mining will immediately shift to Komatsu facilities in Duffield, Virginia; Lebanon, Kentucky; and Homer City, Pennsylvania. The company does not foresee any delays in production or impact on customer deliveries as a result of this change, and Komatsu team members are working to provide a smooth transition for customers.
The information described is at the time of presentation and may be subject to advance notice.
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Komatsu Ltd. published this content on 12 January 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 January 2021 04:07:04 UTC
Komatsu Ltd. specializes in manufacturing and marketing of construction and mining operating materials. Net sales break down by family of products as follows:
- construction and mining operating materials (91.3%): hydraulic excavators, backhoe loaders, wheel loaders, graders, crawler excavators, forklifts, tunneling, bulldozers, forest tractors, etc.;
- other (6.6%): primarily industrial machines (grinders, press brakes, temperature control equipments, etc.).
The remaining sales (2.1%) are from financing activities.
Net sales are distributed geographically as follows: Japan (13.9%), China (4.7%), Asia and Oceania (21.4%), Americas (37.5%), Europe and CIS (15.7%), Africa and Middle East (6.8%).