Could Peoria Lose its Komatsu Plant to Milwaukee?
An article appearing in Wednesday's Milwaukee Journal-Sentinel online includes an ominous possibility, not for now, but possibly the near future. First some background. Komatsu acquired Joy Global on April 5, 2017. Renamed Komatsu Mining Systems, its West Milwaukee, Wisconsin plant manufactures mining shovels and various components (including gears). At the time, demand for mining equipment had been depressed for several years, and many workers were on layoff. Recently, Komatsu announced that it would move work to West Milwaukee from China. Now comes the announcement that Komatsu is developing a new manufacturing plant in the Milwaukee Harbor area, immediate west of Jones Island. After clearing and environmental cleanup, the site will be ready for development sometime in 2019. The new site, which is expected to replace some or all of existing West Milwaukee plant operations, will significantly improve outbound logistics. At present, large components mov...