Zoomlion deliver first batch of ‘record’ China excavator order

Zoomlion has delivered the first 80 of its claimed Chinese record-breaking order of 200 excavator machines to Inner Mongolia Qiantai Industrial Corporation. The claimed national single order transaction record is said by Zoomlion to be worth more than US$47.38million (300million yuan). The ZE360E model excavator in the order is a crawler excavator said to be specially designed for clients in the mining and construction industries, with key features including its practical applicability and low fuel consump
June 8, 2012 Read time: 1 min
1175 Zoomlion has delivered the first 80 of its claimed Chinese record-breaking order of 200 excavator machines to Inner Mongolia Qiantai Industrial Corporation.

The claimed national single order transaction record is said by Zoomlion to be worth more than US$47.38million (300million yuan).

The ZE360E model excavator in the order is a crawler excavator said to be specially designed for clients in the mining and construction industries, with key features including its practical applicability and low fuel consumption.

According to Zoomlion’s Q1 2012 report, the company’s income has increased by more than 20% compared with the same stage of last year. The first stage of the Zoomlion Weinan Industry Park Project has begun operation. The site is expected to manufacture 15,000 excavators per year, generating annual output value of between US$947.73million and US$1.10billion (6-7 billion yuan).

For more information on companies in this article

Related Content

  • ARTBA reports green success in US
    March 1, 2012
    A new report from the American Road & Transportation Builders Association (ARTBA) says that the US transportation sector has been instrumental in improving the country's environment over the past 40 years.
    Read More
  • Auction firm Ritchie records record sales of equipment
    December 20, 2013
    Ritchie Bros Auctioneers sold some US$3.8 billion of equipment at 356 unreserved auctions around the world in 2013. This is a 3% decrease in gross auction proceeds (GAP) compared to the record set in 2012. During the fourth quarter of 2013, the firm achieved gross auction proceeds of $1.1 billion, a record for the fourth quarter and an increase of 10% compared to the same quarter of 2012. "We achieved some notable milestones during 2013," said Peter Blake, CEO of Ritchie Bros. "In Canada, our most establi
    Read More
  • Changing face of global construction industry
    February 28, 2012
    David CA Phillips reports on the changing structure of the global construction equipment industry. In 2007, the year of peak historical demand and before the onset of the international financial crisis, estimated total sales of key equipment types stood at just over 1,000,000 units, valued at approximately US$100 billion. By 2009 sales had fallen to around 600,000 units valued at around $65 billion. The consequences of the global financial recession were dramatic and immediate, and remain with us today, and
    Read More
  • Electric asphalt compaction option
    July 20, 2023
    Several asphalt compactor makers now offer compact machines featuring electric drives
    Read More

Highlighted Content