Chinese firm XCMG is developing its US presence

XCMG is increasing its presence in the North American market, emphasised by the fact that the machines on its stand at Conexpo 2014 are already sold. Yansong Wang is vice president and chairman for XCMG and said, “All the machines have been ordered by customers.” The nine machines included three excavators, a soil compactor, a wheeled loader and various cranes. The units meet North American Tier 4 emissions requirements and Wang said, “All the machines are powered by Cummins diesels. The machines are simil
March 5, 2014 Read time: 2 mins
2490 XCMG is increasing its presence in the North American market, emphasised by the fact that the machines on its stand at Conexpo 2014 are already sold. Yansong Wang is vice president and chairman for XCMG and said, “All the machines have been ordered by customers.”

The nine machines included three excavators, a soil compactor, a wheeled loader and various cranes. The units meet North American Tier 4 emissions requirements and Wang said, “All the machines are powered by Cummins diesels. The machines are similar to those sold in the European market.” He added however that the XCMG cranes sold in Europe feature Mercedes diesels, to suit local market preferences.

The company is building its dealer network and Wang said, “These products are supported by local dealers and we’re getting more onboard.” He explained that the company has three spares depots for the US, located in New York, Miami and adjacent to its Schwing concrete pump factory in Minnesota. The Schwing facility is used to assemble XCMG machines at present but the firm has plans to develop a production facility. Wang said, “We will build a factory in the US in the second half of this year in Minnesota where we have the Schwing factory.”

The company intends to develop a similar presence in the US as it has in the Brazilian market. “We invested US$200 million in the factory in Brazil.” Wang recognises that it has taken time to build its high profile in Brazil however and that competition in the US is also strong. XCMG’s US plant will build excavators for the volume market in the 21-47tonne range as well as crawler cranes, mobile cranes, wheeled loaders and soil compactors.








www.XCMG.com

For more information on companies in this article

Related Content

  • Manitowoc president sets out company strategy for Chinese market success
    January 6, 2017
    Manitowoc has released details of its strategy for capturing a greater share of crane sales in the crucial Chinese market. The American firm offers four brands in China: Grove mobile hydraulic cranes, Manitowoc high capacity crawler cranes, Potain tower cranes, and Dongyue truck cranes. It believes that continuing to import its latest cranes to meet local customer needs, while expanding its product and development team, increasing the speed of local sourcing of components, enlarging distribution networks i
    Read More
  • Manitowoc president sets out company strategy for Chinese market success
    November 29, 2012
    Manitowoc has released details of its strategy for capturing a greater share of crane sales in the crucial Chinese market. The American firm offers four brands in China: Grove mobile hydraulic cranes, Manitowoc high capacity crawler cranes, Potain tower cranes, and Dongyue truck cranes. It believes that continuing to import its latest cranes to meet local customer needs, while expanding its product and development team, increasing the speed of local sourcing of components, enlarging distribution networks i
    Read More
  • Volvo CE US$100 million Americas expansion
    March 22, 2013
    Volvo Construction Equipment president Pal Olney stressed the long-term importance to the company of the North American market while formally recognising the industry giant’s US$100 million expansion programme at its Shippensburg, Pennsylvania facility. Olney cut the ribbon to officially open Volvo CE’s new Americas’ headquarters building. The event also saw the unveiling of the first wheeled loader to roll off the Shippensburg site’s cutting edge assembly line. On the significance of the two big landmarks,
    Read More
  • Chinese manufacturers competing in quarrying segment
    March 5, 2015
    Chinese firms are now gearing up to tackle the quarrying market - Mike Woof writes. One of the key developments of note for the bauma China exhibition in late 2014 was the number of Chinese manufacturers now looking to compete in the quarrying sector. Also of note was how Western manufacturers are also taking the emergent markets seriously, developing machines to counter this increased competition from China. In many cases Western manufacturers have partnered with Chinese firms, bought out Chinese companies
    Read More

Highlighted Content