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

  • Boom in Asian infrastructure investment
    February 8, 2012
    Investment in China and India continues unabated, but other nations on the continent are eager to attract companies as Patrick Smith reports Asia is still booming despite the current economic crisis, and new infrastructure programmes are constantly coming on stream. Powerhouses China and India, with their double-digit growth figures and huge infrastructure plans (in scope and cost), are leading the way and are still magnets for businesses wishing to expand, both in terms of facilities and customers. But oth
    Read More
  • XCMG’s new road machine line
    February 15, 2022
    XCMG has launched Sky Mirror HD+, a new global brand from XCMG Road Machinery offering high-end products designed for high-grade asphalt pavement applications.
    Read More
  • The doors open on a record-breaking bauma China 2018
    November 22, 2018
    You can tell a lot from numbers – and this year’s bauma China exhibition is set to be a record-breaker! The exhibitor numbers represent an impressive 11% increase on the 2,958 exhibitors from 41 countries that presented their products and innovations to around 170,000 visitors at the 2016 event.
    Read More
  • Boom in Asian infrastructure investment
    April 5, 2012
    Investment in China and India continues unabated, but other nations on the continent are eager to attract companies as Patrick Smith reports Asia is still booming despite the current economic crisis, and new infrastructure programmes are constantly coming on stream. Powerhouses China and India, with their double-digit growth figures and huge infrastructure plans (in scope and cost), are leading the way and are still magnets for businesses wishing to expand, both in terms of facilities and customers. But oth
    Read More

Highlighted Content