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 Group to acquire Terex Roadbuilding assets
    February 11, 2013
    The Fayat Group intends to buy a number of assets from CMI Terex from its road building operations. The purchase agreement covers acquisition of certain product lines in North America, and the road building operations of Terex in Brazil. This deal will be a significant breakthrough for Fayat’s road machinery subsidiary BOMAG as well as the mixing plant business unit operations Marini Ermont. “The addition of these product lines enhances the position of the Fayat Group as the only full liner in road building
    Read More
  • Innovation awards programme announced for Conexpo 2014
    January 28, 2014
    The Conexpo 2014 exhibition is launching its Innovation Awards programme to recognise the best product innovation and engineering. The winners are to be announced at the show and industry participants are being invited to vote online. The awards are intended to spotlight the achievements of show exhibitors in the areas of earthmoving, lifting, road building, compaction and concrete. Industry professionals can vote online to determine the winners. Voters who register have the chance to win a new Microsoft Su
    Read More
  • Asphaltica exhibition and conference will provide asphalt road knowledge
    October 31, 2012
    The global economy is still suffering, and many believe investment in road and other infrastructure is the key to its revival Over the past 14 years in Italy, only 187km of new highways have been made, but, at the same time, the amount of vehicles using the country’s roads has grown by nearly 10 million. It is in this context of financial concern and growing burden on existing road infrastructure that the sixth edition of ASPHALTICA, the only European event exclusively dedicated to the world of asphalt, bit
    Read More
  • Hyundai aims to be in top three of construction equipment manufacturers
    January 6, 2017
    Hyundai Heavy Industries has ambitious plans to grow from a US$3.7 billion a year business to more than $9.5 billion by 2016. At the worldwide launch of its new flagship R1200-9 (120tonne-class) excavator at INTERMAT, the company unveiled plans to expand its manufacturing facilities and said it wants to move into the top three construction equipment manufacturers. Underlining its intention of competing on a broad front in all sectors of the construction and mining equipment business, Hyundai’s introduction
    Read More

Highlighted Content