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

  • Terex looks for internal growth and strong margins
    April 17, 2013
    Terex Corporation chairman and CEO Ron DeFeo is predicting strong growth over the next three years, with the aim of US$10bn revenues by 2015, up from $7.3bn in 2012. However, unlike so often in the past, he is not looking for acquisition but to develop the existing business. Indeed, the company has recently sold off much of its road construction business, as it was struggling to expand that division.
    Read More
  • Lintec’s first Aggregates Cooling System sold to Dubai
    January 6, 2017
    A new, patented Aggregates Cooling System (ACS) was one of the main taking points on the stand of asphalt and concrete plant manufacturer Lintec at Conexpo. Lintec has just sold its first ever plant to concrete manufacturer Emirates Beton in Dubai. When mixing concrete in warm climates, aggregate has to be cooled in order to maintain the performance and quality of the finished product, explained Lintec managing director Carsten Weiss: “If you don’t cool it, you don’t get the strength at the end,” he said. “
    Read More
  • Lintec’s first Aggregates Cooling System sold to Dubai
    March 11, 2014
    A new, patented Aggregates Cooling System (ACS) was one of the main taking points on the stand of asphalt and concrete plant manufacturer Lintec at Conexpo. Lintec has just sold its first ever plant to concrete manufacturer Emirates Beton in Dubai. When mixing concrete in warm climates, aggregate has to be cooled in order to maintain the performance and quality of the finished product, explained Lintec managing director Carsten Weiss: “If you don’t cool it, you don’t get the strength at the end,” he said. “
    Read More
  • LiuGong has major plans for future corporate development
    December 10, 2015
    LiuGong unveiled new machines as well as its plans for the future at the BICES 2015 construction equipment show in Beijing recently. Trading conditions are tough in China at the moment, but LiuGong is performing better financially than many of its local rivals according to the firm. LiuGong’s vice-president, Dave Beatenbough said that the firm is particularly well known for its wheeled loaders, a product line for which the firm is a market leader in China. However, he explained that the company is actively
    Read More

Highlighted Content