Komatsu, in Quest to Dominate Caterpillar, Mines China for Sales, Profit

(Bloomberg) -- Komatsu Ltd. couldn't dislodge its
bigger rival, Caterpillar Inc., in the U.S. The Tokyo-based
mining- and construction-equipment maker is faring better in
China.

Komatsu had $1.018 billion in sales from China last fiscal
year, more than Caterpillar's $1 billion, and said it became the
biggest producer there with a 22 percent market share. New Chief
Executive Officer Kunio Noji pledged earlier this year to take on
Peoria, Illinois-based Caterpillar throughout Asia.


Read more at Bloomberg Exclusive News