Komatsu to construct $40 million facility in Sparwood
Komatsu Mining Corp. (Komatsu Mining) is pleased to announce plans for the construction of a brand-new facility to support the growth of its mining business in Western Canada in Sparwood.
The company announced this afternoon (July 19) it plans to invest approximately $40 million to construct an 85,000-square-foot sales and service facility in downtown Sparwood, where the company has been operating for more than 30 years.
Komatsu plans to break ground at the new site in early August, with construction to conclude by the end of 2020.
“We’re excited to be investing in our community and our future,” said Steven Droste, Komatsu’s Regional Manager – Western Canada. “This facility will be a great new place of work for our employees while enhancing our capabilities, so we can continue to provide our customers unrivalled service delivery.”
Komatsu will continue to operate out of its leased facility in Sparwood until the new building is complete. The company purchased the 15-acre parcel for its new facility from the District of Sparwood and is working to prepare the land for development.
“Council and staff have put in a lot of time working with Komatsu to bring this project to fruition,” said District of Sparwood Mayor David Wilks. “And I can say for everyone involved that we are proud to have Komatsu put down roots and call Sparwood home.”
Komatsu Mining Corp. is a subsidiary of Komatsu Ltd., an industry-leading manufacturer and supplier of equipment, technologies and services for the construction, forklift, mining, industrial and forestry markets, in operation for almost a century.