Komatsu has opened its first manufacturing plant in Mandalay, Myanmar to produce generators and remanufacture components. It is the company’s 13th remanufacturing plant worldwide.
The company has invested US$ 5.5 million in the facility, which comprises 5,574 m2 of buildings on a 11,613 m2 site. Komatsu says it has had a presence in Maynmar since opening a sales office there in 1995, and says it sees potential for growth.
“In addition to its rapid economic development for the last few years, we are expecting growth in demand for construction and mining equipment in the long term there, as Myanmar is a leading producer of jades in the world,” said a company statement.
It continued, “With KMM (Komatsu Manufacturing Myanmar), Komatsu is better positioned to supply Reman products closer to customers’ jobsites, and will thus be able to help customers improve their productivity and reduce operating and maintenance costs. At the same time, Komatsu will also be able to capture aftermarket demand and work to expand sales.”
In addition to the remanufacturing business, which recycles and rebuilds used components to the same level as new parts, Komatsu said it had included generator manufacture in the plant, “To help Myanmar solve a problem of electric power supply shortage.”
Source: International Construction