Record sales for Australia's forestry equipment supplier

Friday 11 Mar 2016

 
Globally, Komatsu Limited turns over US $26 billion each year and its forestry arm, Komatsu Forest is the single biggest player in forestry machinery in the south-east of South Australia. The company said whilst the down turn in mining and economic slowdown in China was causing problems for its global operations, its forestry arm was booming.

The companies National Sales Manager, Brenton Yon said the company would beat last year's record breaking sales by a significant margin. "We'll beat last year by about 25 per cent," he said. "For us, it's been quite strong and quite huge."

The Japanese company said its always had a 50 per cent market share in the supply of forestry equipment in Australia, which in the context of a booming industry, puts the company in a strong position.

"The weakening of the Australia dollar has helped wood exports out of Australia into China, Japan and Korea," he said. "Since 2013, the industry has been on a really strong incline."

Source: ABC News

Share |


Copyright 2004-2024 © Innovatek Ltd. All rights reserved.