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

  • Caterpillar will boost sales of its paving products with an array of new models coming to market
    April 20, 2012
    Josh Meyer, region manager for Caterpillar’s paving products in EAME territories, says the firm expects to see considerable sales growth. “The paving business is back in the mode of expansion. Even in Europe we’re starting to see growth in spending in infrastructure and growth in the paving business,” said Meyer.
    Read More
  • Shantui has major plans for the European market
    January 6, 2017
    Chinese firm Shantui sees Europe and the US as key markets where it can develop its sales presence. Vice president of Shandong Shantui Construction is Zhu Zhi and he said, “We need to upgrade our engines and develop new machines for this market.” As part of its expansion into Europe, the company is also looking to further develop its dealer network and service support. At present the hydrostatic SD10YE and SD16-3 dozers are Shantui’s key offerings in Europe. But Zhu explained, “At the beginning of next yea
    Read More
  • Shantui has major plans for the European market
    April 22, 2015
    Chinese firm Shantui sees Europe and the US as key markets where it can develop its sales presence. Vice president of Shandong Shantui Construction is Zhu Zhi and he said, “We need to upgrade our engines and develop new machines for this market.” As part of its expansion into Europe, the company is also looking to further develop its dealer network and service support. At present the hydrostatic SD10YE and SD16-3 dozers are Shantui’s key offerings in Europe. But Zhu explained, “At the beginning of next yea
    Read More
  • ZF’s NMV pto drive suits high torque applications
    January 6, 2017
    ZF used Conexpo to reveal a production-ready version of its NMV pto gear drive system. Mounted between the engine and transmission of a vehicle, the NMV assembly allows an auxiliary mechanical drive to be engaged without having to the run the driveline through a transmission.
    Read More

Highlighted Content