XCMG to create R&D base in the United States

Leading Chinese construction equipment manufacturing firm XCMG has revealed plans to open a new research and development facility in the United States. Speaking at bauma 2013 Wang Yansong, the company’s vice president, said, “In the second half of this year we are planning to build a R&D centre in the United States. It’ll take about half a year to finish construction. It should open in 2014.” While Yansong would not reveal how much XCMG was investing in the US site, he said it was due to America, along with
April 16, 2013 Read time: 2 mins
Wang Yansong, vice president of XCMG, has told of the company’s R&D centre plans in the US
Leading Chinese construction equipment manufacturing firm 2490 XCMG has revealed plans to open a new research and development facility in the United States.

Speaking at 688 Bauma 2013 Wang Yansong, the company’s vice president, said, “In the second half of this year we are planning to build a R&D centre in the United States. It’ll take about half a year to finish construction. It should open in 2014.”

While Yansong would not reveal how much XCMG was investing in the US site, he said it was due to America, along with Germany, having, in his view, the best record of developing new technologies.

XCMG plans to open its Europe HQ in Krefeld, Germany – which will include a prominent research and development centre – later this year.

“We want the products developed [at the R&D centres] to take the lead in the world,” said Yansong.

On developing the firm’s production facilities, Yansong said XCMG’s US$200 million production site in Pouso Alegre, Brazil was due to open in 2014. The firm is also investing in new “production shops” within 4991 Schwing’s production facility in Minnesota, United States.

Schwing, among the world’s leading concrete machinery manufacturers, was purchased by XCMG last year. Yansong said Schwing was working independently within XCMG and is overseen by its own board of directors.

Stand: F10.1005/3

%$Linker: 2 Asset <?xml version="1.0" encoding="utf-16"?><dictionary /> 2 49772 0 oLinkExternal www.XCMG.com www.XCMG.com false /EasySiteWeb/GatewayLink.aspx?alId=49772 false false%>

 

%$Linker: 2 Internal <?xml version="1.0" encoding="utf-16"?><dictionary /> 2 11560 0 oLinkInternal <span class="oLinkInternal"><span class="oLinkInternal">View more videos</span></span> Video false /event-news/bauma-2013/video/ true false%>

For more information on companies in this article

Related Content

  • CTE holds dealer training at bauma
    April 19, 2013
    CTE held a successful dealer training session at bauma, aimed particularly at sharing product information including its new Zed truck-mounted articulated platforms’ variable jacking system. Other key areas of focus included the new Traccess models – which are almost ready to be presented to the market. CTE dealers were present from Russia, Slovakia, the Czech Republic, Serbia, France, England, Germany, Switzerland, Holland, Denmark, Belgium, Australia, China and the Middle East.
    Read More
  • CTE holds dealer training at bauma
    January 6, 2017
    CTE held a successful dealer training session at bauma, aimed particularly at sharing product information including its new Zed truck-mounted articulated platforms’ variable jacking system. Other key areas of focus included the new Traccess models – which are almost ready to be presented to the market. CTE dealers were present from Russia, Slovakia, the Czech Republic, Serbia, France, England, Germany, Switzerland, Holland, Denmark, Belgium, Australia, China and the Middle East.
    Read More
  • CTE holds dealer training at bauma
    April 19, 2013
    CTE held a successful dealer training session at bauma, aimed particularly at sharing product information including its new Zed truck-mounted articulated platforms’ variable jacking system. Other key areas of focus included the new Traccess models – which are almost ready to be presented to the market. CTE dealers were present from Russia, Slovakia, the Czech Republic, Serbia, France, England, Germany, Switzerland, Holland, Denmark, Belgium, Australia, China and the Middle East.
    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

Highlighted Content