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

  • Volvo lines up its SDLG brand for greater global export sales
    January 6, 2017
    Volvo’s Chinese manufacturing subsidiary SDLG is making inroads into the export market and could be destined to play a much more important role in the Swedish group’s global strategy. “As we grow our export strategy there is an opportunity for SDLG to become an increasingly larger piece of our total revenue,” said Martin Weissburg, president of Volvo Construction Equipment.
    Read More
  • Volvo lines up its SDLG brand for greater global export sales
    April 22, 2015
    Volvo’s Chinese manufacturing subsidiary SDLG is making inroads into the export market and could be destined to play a much more important role in the Swedish group’s global strategy. “As we grow our export strategy there is an opportunity for SDLG to become an increasingly larger piece of our total revenue,” said Martin Weissburg, president of Volvo Construction Equipment.
    Read More
  • The Fayat Group is growing its US operations
    March 9, 2017
    The Fayat Group is steadily developing its operations and its presence in the North America market. President Jean-Claude Fayat explained the firm’s position at CONEXPO-CON/AGG 2017. The high value of the US$ against the euro has been of benefit to the group, he said: “For sure it’s helping to improve our margins.”
    Read More
  • Volvo CE R&D to drive down product cost
    January 6, 2017
    New Volvo Construction Equipment president Martin Weissburg has revealed a new emphasis for the company’s future R&D strategy – and stressed ongoing work to boost profitability. Speaking during the Swedish manufacturer’s Conexpo 2014 press conference, Weissburg, who assumed his role in January 2014, said, “There will be greater allocation of our R&D dollars towards innovations that reduce product cost. This will not be at the expense of quality or durability.”
    Read More

Highlighted Content