Komatsu has unveiled a new equipment rental business for its Australian mining market, which will provide more than 200 Komatus construction and utility machines with a team of 11 staff.
According to Geoff Pisani, Komatsu Rental’s national rental manger, Komatsu Rental customers can enjoy the same level of support that is available to Komatsu machine owners.
“Much of the demand for Komatsu Rental equipment is coming from Komatsu customers, who are keen to rent the latest low-hour equipment from us, and to receive the full service and technical support that we offer all our customers.
‘And as the only national OEM-backed rental operator, Komatsu Rental customers get all the advantages of Komatsu machine owners including access to our KOMTRAX and KOWA machine management reporting systems, and complete integration with our technical and service operations.”
The rental business is an area of major growth potential for Komatsu.
“We see it growing very strongly over the next few years, with Australia and New Zealand on track to follow major overseas markets, including the US, Japan and Britain,” said Pisani.
“These markets have seen sales to the construction equipment rental sector grow rapidly over the past 15-20 years.”
In recent years, a number of mining companies with limited access to capital have shifted their outlook to the hire and rental markets. Pisani believes the rental option is very attractive for contractors and plant hire companies with limited capital access.
“There is also the changing demands of the major project environment, where the major contractors no longer own all of their equipment, instead engaging plant hirers and subcontractors – who in turn can see the advantages of renting quality low-hour equipment during the term of their project,” Pisani said.
“We see many opportunities supporting plant hire companies – many of whom are also our customers – who need to supplement their fleets to meet ever-changing project demands.”