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

  • Caterpillar has a Vision that includes total project site overview
    April 5, 2016
    Caterpillar may be on its financial back foot, but a recent event showed the company has a vision far beyond this or the next financial year – David Arminas reports. Many construction machinery manufacturers have some data collection and analysis systems for their heavy equipment. For a good decade, manufacturers have been moving in this direction, first as retrofit packages on machines in the field and increasingly as standard on newer models. Caterpillar is no exception among manufacturers that are movin
    Read More
  • Manufacturing and research in China
    April 24, 2013
    Cummins and LiuGong are increasing their partnership in China, while Dana is opening a new research and development facility in the country. The first engines built in the Chinese joint venture facility established by Cummins and LiuGong are now rolling off the production line. The factory, located in Liuzhou in Guangxi Province, is part of a 50:50 partnership between the two companies called Guangxi Cummins Engine Company. The facility is now making L9.3 engines to meet the demand of both LiuGong and other
    Read More
  • SDLG aims to be top Chinese brand
    April 20, 2016
    SDLG has set itself a target to become China’s number one construction brand by 2021. Shandong Lingong Construction Machinery (known as Lingong), said it is already spending 10% of its sales revenues on research and development, and it claims up to 70% market share in a number of countries for its wheeled loaders, its largest-selling product.
    Read More
  • VDMA reports steady German equipment sector
    February 14, 2013
    Steady financial performance is claimed for the German equipment producers in 2012, according to the manufacturing association VDMA. The German construction equipment and building material machinery industry generated €12.5 billion in turnover during 2012 according to the latest results. Of this, construction equipment accounted for €7.9 billion, while €4.6 billion of business came from the building material, glass and ceramics machinery sector. This is a nominal decrease of around 1% compared to 2011. Afte
    Read More

Highlighted Content