Komatsu Enters Agreement with Far Eastern Federal University to Promote Human Resource Development for Construction, Mining and Road Construction Sectors

Komatsu Ltd. (hereinafter "Komatsu") (President & CEO: Kunio Noji) has formally entered an agreement with Far Eastern Federal University (hereinafter "FEFU") (President: Dr. Sergey Ivanets) to offer cooperation in human resource development for regular construction, mining and road construction sectors in far eastern Russia.

Against the backdrop of recent growth of the far eastern Russian economy, investment has been burgeoning in the construction, mining and road construction sectors, expanding the use of construction and mining equipment. As a result, it has become urgent to facilitate the growth of engineers and mechanics for those sectors. With the strong belief that human resource development should result in social contributions that foster further growth of the local economy, Komatsu has decides to cooperate with FEFU in Vladivostok, one of the largest higher education institutions in the region.

Specifically, Komatsu is planning to offer free-of-charge lending of facilities and equipment for use in the Construction and Road Building Machinery Laboratory of FEFU's School of Engineering and Construction, establish a special course of construction equipment to be taught by Komatsu engineers, and accept training of instructors at Komatsu's plants and training centers in Japan and Yaroslavl, Russia.

[Outline of the Cooperation]

1)Establishment of the Construction and Road Building Machinery Laboratory ("Komatsu Lab") and free-of-charge lending of facilities and equipment for use in teaching and training

Area: About 300m2 (planned)

Facilities and equipment: Engine, transmission, pump, valve and other parts (such as monitor panel and electronic devices), mini construction equipment, desks, white boards, stands, racks, etc.

2) Establishment of the special course for construction equipment: Komatsu will dispatch its engineers.

3) Training for university instructors: Komatsu will accept instructors at its plants and training centers in Japan and Yaroslavl, Russia.

Previous: Kobe Steel's aluminum forging plant in China begins production
Next: Dangote Cement to set up more depots