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

  • JCB expands manufacturing in Indian city of Jaipur
    November 18, 2014
    JCB has celebrated 35 years of manufacturing in India with the opening of two factories in the northwestern state of Rajasthan, just outside the capital Jaipur. Despite the Indian construction equipment market declining this year by 20%, JCB said it has invested US$92 million to build the factories – the UK-based group’s largest single construction project in its 69-year history. JCB said the plants covering around 47 hectares on a single site will have almost 93,000m2 of manufacturing space and when full
    Read More
  • Key developments for tyre market
    January 19, 2016
    Key developments in the tyre market will allow certain firms to reposition themselves - Mike Woof writes. New tyre types are now coming to market, while key business developments will allow some firms to reposition themselves. Perhaps the biggest business development in the market is the deal to acquire the privately-owned Czech firm CGS Holding by Trelleborg in a move worth €1.1664 billion (SEK10.9 billion). The finalisation of the deal is subject to approvals from the competition authorities but should be
    Read More
  • Latin America road safety plan proposed
    June 14, 2019
    A new report suggests key strategies to cut road deaths and injuries in Latin America. The report was commissioned by Bloomberg Philanthropies and shows that more than 25,000 Latin American lives could be saved and over 170,000 serious injuries prevented by 2030 if United Nations (UN) vehicle safety regulations were applied by four key countries in the region—Argentina, Chile, Mexico and Brazil. The report was prepared by the UK-based Transport Research Laboratory (TRL). The aim of the study was to estimat
    Read More
  • Mini excavators; versatile digging machines
    January 18, 2016
    Mini excavators represent one of the most competitive markets for utility machines and are firm favourites with rental companies
    Read More

Highlighted Content