Komatsu acquired Ontario-based Timberock International.

Komatsu, a Japanese multinational corporation that manufactures construction, mining, forestry, and military equipment, acquired Ontario-based Timberock International, a specialty business that has developed world-class drilling and bolting technologies by focusing on differentiation through innovation and customer-oriented service. Financial terms were not disclosed. “Timberock’s history of customer driven product innovation and focus on service makes them a great complement to our existing business,” said Josh Wagner, vice president of Komatsu Mining hard rock solutions. “This acquisition expands our range of offerings for drilling and bolting products, and provides exciting product development and synergy opportunities.”