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

  • High performance, high mobility of wheeled pavers
    February 14, 2012
    New generation wheeled pavers aimed at use in territories such as the UK, Italy, South Africa and Southern Germany are now coming to market. Pavers in these countries are often expected to be driven from one part of a site to another or for short distances, which is why the additional mobility of the wheeled machine is preferred in many instances over similarly-sized tracked models. This preference for wheeled units comes in spite of the greater stability offered by tracked machines. BOMAG, Caterpillar and
    Read More
  • Kemroc’s chain technology cuts trenches faster
    April 23, 2018
    Attachment specialist Kemroc has brought two new cutting systems to Intermat for the first time: its EK range for cutting trenches - and a new system within its Cut & Break (C&B) range which can be used for demolition of civil structures or for rock extraction. “This is the first time we have exhibited the chain cutter in France,” says Klaus Ertmer, Kemroc managing director and the inventor of all the attachments. “Because the cutting head has a chain in the middle, it means that you can dig very small, d
    Read More
  • Clean wheel innovation
    February 6, 2012
    ITALIAN CONSTRUCTION equipment manufacturer, TowerLight, has established a special division that will focus on wheel-washing technology.
    Read More
  • Thomas Concrete Group acquires more plants in USA
    May 14, 2015
    The Swedish Thomas Concrete Group has acquired assets of Coastal Concrete, a US company which operates ten concrete plants in Georgia and South Carolina. As a result, the group is strengthening its position in the concrete market across a large region on the US east coast between Atlanta and Raleigh. Coastal Concrete is one of the leading producers of ready-mixed concrete in several major cities along the Atlantic coast of Georgia and South Carolina, and the acquisition will reinforce the group's “already
    Read More

Highlighted Content