Komatsu North America

entered into an agreement to acquire assets of

SRC of Lexington

, a supplier of remanufactured components and parts for construction and mining equipment based in Lexington, Kentucky.

According to Komatsu, the deal is scheduled to close by the end of February.

Komatsu expects the addition of SRC of Lexington to strengthen its remanufacturing capabilities in North America while expanding its ability to support customers as demand for reman solutions grows. Komatsu says demand for remanufactured components has increased alongside its installed base of quarry and mining equipment in North America since 2010.

“North America is one of Komatsu’s most important markets for both construction and mining equipment,” says

Danny Murtagh

, vice president of parts and infrastructure at Komatsu North America. “This acquisition allows us to deepen our reman capabilities closer to customers, improve responsiveness and support dealers and end users with high-quality, cost-effective solutions throughout the equipment lifecycle.”

Through its remanufacturing operations, Komatsu recovers used components from construction and mining equipment, restores them to like-new condition at dedicated facilities, and returns them to the market with the same standards as new components.

As of 2025, Komatsu’s remanufacturing network has grown to 45 locations across 16 countries.

“This agreement reflects a shared commitment to remanufacturing excellence, technical expertise and long-term support for customers,” says Tim Stack, president of SRC Holdings Corp. “Just as important, it reflects our responsibility to do what is right for our people. Becoming part of Komatsu allows the Lexington team to build on over three decades of remanufacturing strength, while providing the investment, long-term support and opportunity needed to carry that legacy forward into its next chapter.”

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