Komatsu to grow forestry machine sales

Wednesday 7 Apr 2021

 
Japanese machinery maker aims to boost segment's revenue by 40% - Japanese equipment maker Komatsu hopes to generate 140 billion yen ($1.27 billion) in revenue from forest machinery after four years, which would mark a 40% increase, due to robust housing and material demand.

Komatsu intends to fulfill its goal by offering a stronger lineup of equipment such as feller bunchers and forwarders for the North American market. The U.S. has the fourth largest distribution of forests in the world, in terms of area.

Up to now, Komatsu's forestry equipment has been compatible with the European logging process in which timber is carefully arranged on the spot before being hauled out. For North America, the company will also offer equipment that will carry timber as is to processing centres.

Komatsu will develop the Russian and Southeast Asian markets as well. Indonesia and Russia still rely heavily on chainsaws wielded by human hands. While Western logging industries have a 70-80% penetration of forestry machinery, Asia remains behind at roughly 20%. Komatsu's equipment will compensate for the labor shortage and improve on-site productivity.

In the interest of climate change, the manufacturer will also invest resources into promoting reforestation, selling bulldozer-like equipment for prepping the ground, along with automated tree planters.

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