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Komatsu

Komatsu

Industry: 
Engineering and Construction
Symbol: 
6301
States: 
IL
Country: 
Japan
Sources: 

Komatsu Ltd., headquartered in Tokyo, Japan, is a global heavy industry manufacturer that produces and sells construction equipment, mining equipment, and industrial machinery. Komatsu is the second largest manufacturer of construction equipment in the world, behind Caterpillar. Komatsu has a U.S. affiliate, Komatsu American Corp. 

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Iran-based Mehvar Machine Co., one of Komatsu's authorized distributors, participated in Iran's 14th international oil show in 2009 (Iran's 14th Oil Show, Exhibitors List). Mehvar Machine Co. sells Komatsu machinery and spare parts, and offers customer training, service, and repairs (Mehvar Machine Co. Website). According to this website, Komatsu products that Mehvar sells include hydraulic excavators, wheel loaders, motor graders, crawler dozers, bulldozers, dump trucks, lift trucks, containers, and Komatsu accessories.

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Komatsu's other authorized distributor in Iran, Behrad Tehran, mentions the use of its products in sensitive sectors, proclaiming on its website that "Our Process division offers engineering machinery and turn-key projects in almost all fields of industry, mainly oil & gas, petrochemical, polymer & plastics, chemical, pharmaceutical, food & beverages, pulp & paper, cement, and industries related to processing" (Behrad Tehran Website). 

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Komatu's Middle East subsidiary, Komatsu Middle East FZE, has an office in Tehran (Komatsu Company Info). 

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In 2004, Komatsu made an agreement with Hepcoy, an Iranian industrial and mining company, to have Komatsu bulldozers produced in Iran. According to Japanese Ambassador to Tehran Takekezu Kawamura, Japanese companies had "invested more than $2 billion in Iranian oil and gas sectors" by 2004 ("Komatsu Bulldozers to be Produced in Iran"). 

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The machinery that Komatsu makes available to Iran has a wide application in the oil and mining industries, both of which are key to the Iranian economy ("Iran's Economy," The Iranian Trade Association Inc, 2010). 

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In the past decade, Komatsu has received $39.39 million dollars in U.S. federal contracts, 90 percent of which came from the Defense Department (USAspending.gov).