Komatsu and GE Mining Announce Collaboration
Komatsu and GE Mining, a division of GE Transportation, have announced that they will jointly develop next generation mining equipment under a new banner.
The new company will be called Komatsu GE Mining Systems, and will be located in north-western Pennsylvania at the GE Transportation facility. Komatsu and GE will both own 50 per cent of the new company.
Initially, Komatsu GE Mining Systems will focus on increasing productivity and safety in underground mines. In a media release, the company’s say that "The new company will combine GE’s electric power expertise , electric drive systems and battery technologies with Komatsu’s vehicle and ICT technologies for mining equipment to deliver innovative solutions to global mining customers"
Operation of the new company will commence on April 14.
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