Komatsu has signed an agreement with Bangkok Motor Works Co., the partner of its construction and mining equipment and forklift trucks in Thailand, regarding the merger of a distributor of forklift trucks and a rental and used equipment company. The company will be 60-percent owned by Bangkok Motor Works and 40 percent by Komatsu.
The joint venture company Bangkok Komatsu Forklift Co. will begin operations April 1 and will engage in the sales of new and used equipment, rental and service. The headquarters will be in Samutprakarn Province.