XCMG’s ground-breaking event for new Brazil site

XCMG, the Chinese construction equipment manufacturer, has held a ground-breaking ceremony for its manufacturing base in Pouso Alegre, Minas Gerais, Brazil. Covering an area of 800,000m² and with the total investment of US$200 million, the production facility will boast a production capability of 7,000 construction machines each year, including cranes, excavators, loaders, road rollers and graders. The Brazil manufacturing base is XCMG’s first wholly-owned production base project in its internationalisation
February 18, 2013 Read time: 1 min
2490 XCMG, the Chinese construction equipment manufacturer, has held a ground-breaking ceremony for its manufacturing base in Pouso Alegre, Minas Gerais, Brazil.

Covering an area of 800,000m² and with the total investment of US$200 million, the production facility will boast a production capability of 7,000 construction machines each year, including cranes, excavators, loaders, road rollers and graders.

The Brazil manufacturing base is XCMG’s first wholly-owned production base project in its internationalisation programme.

Completion of the base is scheduled for later this year, and sales revenue is expected to reach $500 million in 2015.

According to Wang Min, chairman of XCMG Group, Brazil and the Americas are the priorities in its international expansion because it is the world’s sixth largest economy with enormous potential for development and huge opportunity for great construction projects, and XCMG has a marketing and service network which has been built for many years.

For more information on companies in this article

Related Content

  • Export focus for XCMG, with Latin America as key territory
    November 13, 2014
    Exports are crucial to XCMG’s growth and its aim to becoming a dominant player in the worldwide construction machinery market – Mike Woof writes One of China’s biggest construction equipment manufacturers, XCMG has a high profile, and particularly in the country’s home market. XCMG is a leader in key equipment categories such as concrete pumping and lifting technologies. The firm’s 4,000tonne crawler crane introduced two years ago has already proven its worth in a massive industrial construction appl
    Read More
  • Export focus for XCMG, with Latin America as key territory
    January 6, 2017
    Exports are crucial to XCMG’s growth and its aim to becoming a dominant player in the worldwide construction machinery market – Mike Woof writes One of China’s biggest construction equipment manufacturers, XCMG has a high profile, and particularly in the country’s home market. XCMG is a leader in key equipment categories such as concrete pumping and lifting technologies. The firm’s 4,000tonne crawler crane introduced two years ago has already proven its worth in a massive industrial construction appl
    Read More
  • XCMG sets out six stage path for future plans
    October 14, 2013
    XCMG has seen strong exports, with one deal in particular providing a major boost to turnover - Mike Woof writes It is rare that a single machine order can provide a substantial portion of a large manufacturer’s annual results. However the firm’s massive contract signed with the Venezuelan Government was a major boost to XCMG; the supply of no less than 6025 machines in a deal worth some US$750 million. This order came at an important time for the company when the world demand for construction equipment sl
    Read More
  • XCMG celebrate start of European R&D HQ build
    July 11, 2012
    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.
    Read More

Highlighted Content