LiuGong Construction Machinery sales double in North America

LiuGong Construction Machinery says doubling its North American-based equipment sales in 2011, compared to the previous 12 months, reinforces the company's goal of being among the world's top 10 equipment manufacturers by 2015.
May 2, 2012 Read time: 2 mins
269 LiuGong Construction Machinery says doubling its North American-based equipment sales in 2011, compared to the previous 12 months, reinforces the company's goal of being among the world's top 10 equipment manufacturers by 2015.

The China-based firm claims much of its sales growth is due to its expanding network of dealers and staff throughout the United States and Canada. In addition to the 50,000 sales a year of its Wheel Loader line, LiuGong Construction Machinery (LCM) offers hydraulic excavators, vibratory soil compactors, skid steer loaders, and backhoe-loaders to the North American marketplace.

With Tier IV engine technology displayed on its CLG842IV model wheel loader at 3485 Conexpo 2011, LCM plans to offer both TPEM and Tier IV engine models in its future equipment lines. LCM also plans to make its bulldozers and motor graders available through its North American dealers, along with other earthmoving, asphalt production and asphalt maintenance products. Although on sale to the Chinese and other global markets, the products will be modified to meet North American sale criteria.

With its main headquarters in Liuzhou, China, LCM has been manufacturing construction equipment for more than 50 years and has ten subsidiary global locations. Its US headquarters opened in Houston, Texas, in 2008. It was chosen due to its central location which allows the company to provide more efficient parts and service support to customers and dealers.

For more information on companies in this article

Related Content

  • SDLG aims to be top Chinese brand
    April 20, 2016
    SDLG has set itself a target to become China’s number one construction brand by 2021. Shandong Lingong Construction Machinery (known as Lingong), said it is already spending 10% of its sales revenues on research and development, and it claims up to 70% market share in a number of countries for its wheeled loaders, its largest-selling product.
    Read More
  • Asphalt advances and industry innovations in paving
    May 20, 2014
    Asphalt paving technology continues to develop, benefiting from new technologies and new diesel engines - Mike Woof reports The asphalt paving equipment market is seeing the introduction of new low emission engines that will meet the Tier 4 Final regulations for Europe and North America. These have required some major engineering changes, with firms now having to install bulky exhaust after-treatment systems and additional cooling for engines and turbos.
    Read More
  • Wacker Neuson sees business growth with strong results
    November 10, 2017
    The Wacker Neuson Group is reporting a strong third quarter performance for 2017. The company’s latest results reveal a marked increase in revenue and earnings and says it remains positive about the fourth quarter of 2017. Wacker Neuson says it expects its revenue and earnings forecast for the current fiscal year to come in at the higher end of previous forecasts. The Wacker Neuson Group reported revenue of € 378.7 million for the third quarter of 2017. This corresponds to an increase of 20% over the €315.
    Read More
  • Yanmar acquires 6.26% of Manitou capital and voting rights
    October 30, 2013
    Yanmar has acquired 6.26% of the capital and voting rights of Manitou. The move, through shares acquired from the French bank Société Générale, comes as the two construction equipment manufacturing groups are enhancing their strategic alliance by expanding cross distribution into Mexico and Latin America. Takehito Yamaoka, president of Yanmar, said, “Manitou is well-respected as the market leader in telescopic handlers, so it is exciting for Yanmar to have a closer relationship with them through this capi
    Read More

Highlighted Content