Chicago, Illinois - Komatsu Ltd., a heavy equipment manufacturer, has entered into an agreement to acquire the assets of SRC of Lexington, Inc., a Kentucky-based supplier of remanufactured components for construction and mining equipment. The deal is expected to close by the end of February 2026, subject to customary conditions.
The acquisition is intended to strengthen Komatsu’s remanufacturing capabilities in North America and improve customer support as demand for reman solutions continues to rise. The investment in a dedicated U.S. facility will also reinforce the company’s presence in one of the world’s largest construction and mining equipment markets.
Demand for remanufactured components has increased alongside the growing installed base of quarry and mining equipment since 2010. During this period, Komatsu’s reman business has expanded significantly, with transaction volumes rising แแแแฎแแแแแแ fourfold from FY2010 to FY2024.
Mr. Danny Murtagh, Vice President, Parts and Infrastructure, Komatsu North America, said, “North America is one of Komatsu’s most important markets. This acquisition allows us to enhance our reman capabilities closer to customers and deliver high-quality, cost-effective lifecycle solutions.”
Komatsu recovers used components, restores them to like-new condition, and returns them to the market with quality standards comparable to new parts—helping reduce costs, shorten lead times, and support resource efficiency. As of 2025, the company’s reman network includes 45 locations across 16 countries.
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