Komatsu America announces the purchase of forestry machine manufacturer TimberPro

MEq
By MEq February 20, 2019 20:38

Komatsu America announces the purchase of forestry machine manufacturer TimberPro

Komatsu America Corp. a leading global heavy equipment manufacturer, has announced it has entered into a definitive agreement to acquire TimberPro, Inc. The acquisition is expected to close on April 1st, 2019, subject to completion of the closing conditions.

Established in 2002, TimberPro is a Wisconsin-based manufacturer of purpose-built forest machines and attachments, offering tracked feller bunchers and harvesters, forwarders, wheeled harvesters, and felling heads.

“Acquiring TimberPro will strengthen the company’s position in the full-tree-length market and enables us to offer a highly competitive range of products for professional logging,” said Rod Schrader, CEO, Komatsu America Corp.

Komatsu America Corp. is a U.S. subsidiary of Komatsu Ltd., the world’s second largest manufacturer and supplier of earthmoving equipment, consisting of construction, mining, and compact construction equipment.

MEq
By MEq February 20, 2019 20:38