LiuGong expands operations

Chinese firm LiuGong is opening its Asia Pacific headquarters in Singapore.
March 1, 2012 Read time: 1 min
Chinese firm 269 LiuGong is opening its Asia Pacific headquarters in Singapore. The facility will support sales, technical support for Asia Pacific, excluding China. The facility is also the firm's first spare parts distribution centre for Southeast Asia and the Pacific islands. "A significant number of our customers are based in the Asia Pacific region, and we expect a substantial per cent of our business to flow through this centre in the next few years," said Chairman Wang Xiaohua, Chairman, Guangxi LiuGong Machinery corporation. LiuGong expects its Asia Pacific headquarters in Singapore to generate more than US$50 million in revenues in the first year of operations, with expected annual growth rates of 30%. The office, which will serve Southeast Asia, New Zealand, Papua New Guinea and other islands in Pacific.

For more information on companies in this article

Related Content

  • LiuGong launches advanced new wheeled loaders
    January 6, 2017
    LiuGong is introducing two advanced new wheeled loaders to meet demands for highly competitive classes, the 856H as well as the firm’s biggest ever wheeled loader, the CLG8128H. The 856H is one of the firm’s latest generation H-series machines, featuring increased performance and a whole host of other improvements such as better all-round visibility and upgraded service access. This 17.2tonne machine is aimed at the market for wheeled loaders with 3m3 bucket capacity, one of the biggest selling machine clas
    Read More
  • SANY Road Machinery is looking to increase export levels
    March 4, 2015
    SANY Road Machinery says that its machines offer customers a very good return on investment - Mike Woof writes. SANY Road Machinery looks set to boost its profile outside of China. The company has been focussed on the Chinese home market in recent years, due to the massive highway expansion programme in the country. However with 80% of the country’s highway construction programme now complete, SANY Road Machinery is looking to further develop its export business. Wang Zuochun is senior vice president at SAN
    Read More
  • Cummins posts strong results
    May 5, 2022
    Cummins has posted record quarterly revenues amid healthy off-highway engine demand
    Read More
  • German firms see improving market share
    March 1, 2017
    In 2016, German manufacturers of construction equipment achieved a turnover of €9.3 billion, an increase of 3% compared to 2015. Of note though is that the same period, global sales of construction equipment declined by 1%. German companies managed to perform better than the world market and develop market share. In 2017, they expect another increase in sales by 3%.
    Read More

Highlighted Content