Chinese firm XCMG is developing its US presence

XCMG is increasing its presence in the North American market, emphasised by the fact that the machines on its stand at Conexpo 2014 are already sold. Yansong Wang is vice president and chairman for XCMG and said, “All the machines have been ordered by customers.”
January 6, 2017 Read time: 2 mins
Mr Wang Yansong
2490 XCMG is increasing its presence in the North American market, emphasised by the fact that the machines on its stand at Conexpo 2014 are already sold. Yansong Wang is vice president and chairman for XCMG and said, “All the machines have been ordered by customers.”

The nine machines included three excavators, a soil compactor, a wheeled loader and various cranes. The units meet North American Tier 4 emissions requirements and Wang said, “All the machines are powered by 196 Cummins diesels. The machines are similar to those sold in the European market.” He added however that the XCMG cranes sold in Europe feature 2796 Mercedes diesels, to suit local market preferences.

The company is building its dealer network and Wang said, “These products are supported by local dealers and we’re getting more onboard.” He explained that the company has three spares depots for the US, located in New York, Miami and adjacent to its 4991 Schwing concrete pump factory in Minnesota. The Schwing facility is used to assemble XCMG machines at present but the firm has plans to develop a production facility. Wang said, “We will build a factory in the US in the second half of this year in Minnesota where we have the Schwing factory.”

The company intends to develop a similar presence in the US as it has in the Brazilian market. “We invested US$200 million in the factory in Brazil.” Wang recognises that it has taken time to build its high profile in Brazil however and that competition in the US is also strong. XCMG’s US plant will build excavators for the volume market in the 21-47tonne range as well as crawler cranes, mobile cranes, wheeled loaders and soil compactors.
%$Linker: 2 Asset <?xml version="1.0" encoding="utf-16"?><dictionary /> 2 49772 0 oLinkExternal www.xcmg.com Visit XCMG Website false /EasySiteWeb/GatewayLink.aspx?alId=49772 false false%>

For more information on companies in this article

Related Content

  • Fayat is positioned for growth
    January 6, 2017
    Market conditions are tough, according to Jean-Claude Fayat, executive managing director of the Fayat Group. He said, “From my point of view this crisis is not over. We have a slow recovery but this is a structural crisis and a new balance has to be found.” Despite the difficult conditions, the company is performing well and Fayat said, “Our group turnover is around €3.7 billion/year. We are a family group and we have never wanted to be on the stock exchange.” The European market has become less important
    Read More
  • Fayat is positioned for growth
    April 18, 2013
    Market conditions are tough, according to Jean-Claude Fayat, executive managing director of the Fayat Group. He said, “From my point of view this crisis is not over. We have a slow recovery but this is a structural crisis and a new balance has to be found.” Despite the difficult conditions, the company is performing well and Fayat said, “Our group turnover is around €3.7 billion/year. We are a family group and we have never wanted to be on the stock exchange.” The European market has become less important
    Read More
  • SANY’S king of cranes
    January 6, 2017
    SANY is appointing a new head for global crawler crane development. John Lanning, SANY America’s research and development director for crawler cranes, has now been promoted to worldwide director of engineering and development for SANY crawler cranes. Liang Wengen, chairman of SANY Group, appointed Lanning to this key role of directing SANY’s crawler crane product development. The new post carries with it two titles, including deputy general manager of SANY Heavy Industry. His main duties will be as director
    Read More
  • SANY’S king of cranes
    November 20, 2012
    SANY is appointing a new head for global crawler crane development. John Lanning, SANY America’s research and development director for crawler cranes, has now been promoted to worldwide director of engineering and development for SANY crawler cranes. Liang Wengen, chairman of SANY Group, appointed Lanning to this key role of directing SANY’s crawler crane product development. The new post carries with it two titles, including deputy general manager of SANY Heavy Industry. His main duties will be as director
    Read More

Highlighted Content