2019Komatsu announces purchase of forestry machine manufacturer TimberPro
Feb. 20, 2019
On February 19, 2019, Komatsu America Corp., a wholly owned subsidiary of Komatsu Ltd. (President and CEO: Tetsuji Ohashi), 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.
- The information described is at the time of presentation and may be subject to advance notice.