XCMG celebrate start of European R&D HQ build

XCMG has staged a foundation laying ceremony to mark the start of work on the Chinese construction machine manufacturing giant’s first European HQ. Based in Krefeld, Germany, XCMG Europe’s state-of-the-art €36million plus home is set to be completed and operational by July 2013. Meanwhile, the ambitious firm has completed a stockholding rights transfer which gives it a controlling 52% stake in renowned German concrete machinery firm Schwing.
July 11, 2012 Read time: 2 mins
2490 XCMG has staged a foundation laying ceremony to mark the start of work on the Chinese construction machine manufacturing giant’s new European HQ for hydraulic valve and system research and development.

Based in Krefeld, Germany, XCMG Europe’s state-of-the-art €36million plus site is set to be completed and operational by July 2013.

Meanwhile, the ambitious firm has completed a stockholding rights transfer which gives it a controlling 52% stake in renowned German concrete machinery firm 4991 Schwing.

XCMG has also staged another ceremony to mark the start of production at four new construction machine manufacturing sites in Xuzhou, China.

The new European R&D facility will see XCMG staff working closely with hydraulic valve and system experts from German company FT and AMCA Holland. Both firms were acquired by XCMG in 2011.

Speaking at the foundation laying ceremony in Krefeld Wang Min, president of XCMG, said: “The European strategy is of great significance in terms of the overall objectives and strategy of XCMG. Germany and Europe are home to abundant technological resources and represent state-of-the –art research and development and manufacturing. In the future XCMG will develop more projects in Europe, carrying out system integration and construction of leading technology projects to facilitate XCMG becoming a world-class enterprise.”

The four new Xuzhou manufacturing sites, which cost more than €154.5million (RMB 1.2bn) to develop, will produce all-terrain cranes, wheeled loaders, and concrete pumping and mixing machinery. XCMG say the plants are forecast to generate new production value of €5.15billion (RMB 40billion) a year.

XCMG says it is the leader of wheeled loader machine technology in China.

On the opening of the new Xuzhou facilities, Wang Min said: “XCMG’s four manufacturing bases are the fruits of XCMG’s accumulation of industrial knowledge and experience for several decades.”

For more information on companies in this article

Related Content

  • JCB unveils new six cylinder JCB Dieselmax 672 engine
    June 7, 2013
    JCB has announced plans to start production of six-cylinder engines with the addition of the JCB Dieselmax 672 to its world renowned engine line-up. In just over eight years JCB has gone from a new entrant to engine manufacturing to a major global producer with a reputation for fuel efficiency and innovation. The first engine rolled off the production line in the UK in November 2004 and since then production has also extended to JCB India’s HQ at Ballabgarh, where the first engine was manufactured in 2011.
    Read More
  • Hidromek introduces new top-of-the-range excavator
    February 6, 2015
    Hidromek is widening its excavator line-up further with the addition of a 49tonne model, as well as unveiling its prototype wheeled loader. The new top-of-the-range excavator takes the company firmly into the extraction market, sharing many of the proven features of the smaller models manufactured by the Turkish firm. High productivity, reliability and durability are claimed, along with low running costs, ease of operation and also ease of maintenance. Meanwhile the firm’s prototype wheeled loader will also
    Read More
  • Hidromek introduces new top-of-the-range excavator
    January 6, 2017
    Hidromek is widening its excavator line-up further with the addition of a 49tonne model, as well as unveiling its prototype wheeled loader. The new top-of-the-range excavator takes the company firmly into the extraction market, sharing many of the proven features of the smaller models manufactured by the Turkish firm. High productivity, reliability and durability are claimed, along with low running costs, ease of operation and also ease of maintenance. Meanwhile the firm’s prototype wheeled loader will also
    Read More
  • Mecalac agrees to make compact articulated wheel loaders for Hitachi
    November 30, 2015
    German construction equipment maker Mecalac will manufacture compact articulated wheel loaders to be sold under the Hitachi brand at its factory in Büdelsdorf, Germany. The loaders will comply with EU emissions Stage IIIB, according to a statement from Hitachi Construction Machinery Europe, based in the Netherlands.
    Read More

Highlighted Content