Komatsu Announces Purchase of Forestry Machine Manufacturer TimberPro
Rolling Meadows, Ill., February 19, 2019 – Komatsu America Corp. a leading global heavy equipment manufacturer, today announced it has entered into a definitive agreement to acquire TimberPro, Inc.
The acquisition is expected to close on April 1, 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.
About Komatsu America Corp.
Komatsu America Corp. is a U.S. subsidiary of Komatsu Ltd., the world’s second largest manufacturer and supplier of earth-moving equipment, consisting of construction, mining and compact construction equipment. Komatsu America also serves the forklift and forestry markets. Through its distributor network, Komatsu offers a state-of-the-art parts and service program to support its equipment. Komatsu has proudly provided high-quality reliable products for nearly a century. Visit the website at www.komatsuamerica.com for more information.
CONTACT:
Raleigh Floyd Jr
847.437.4585
rfloyd@komatsuna.com
