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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: tejek who wrote (260793)7/14/2010 4:17:23 PM
From: MulhollandDriveRead Replies (1) of 306849
 
quite a good showing, up 14%

however, some perspective is in order....

let's see....they were down 62% in 2009...

but hey, its progress.....wonder how many jobs were eliminated to achieve that

komatsu.com

<snip>

To meet this drastic change in the business environment, we have focused our efforts on a diverse range of operations. Such efforts include dynamic production adjustment designed for the speedy rationalization of inventories worldwide, consolidation of production at new lines with higher productivity in Japan, and elimination of plants and production lines. This is being done while pinning down the model range of production in North America and Europe and while making group-wide efforts in fixed cost reduction. In addition, after reassessing Japanese production, we have also decided to shut down the Mooka Plant, where articulated dump trucks and other equipment are produced, and the Komatsu Plant, where large presses are built. We will transfer their production to the Ibaraki and Kanazawa plants
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