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

  • XCMG in acquisition mode
    January 6, 2017
    XCMG is believed to be in advanced negotiations over the purchase of major concrete machinery manufacturer Schwing as part of its ambitious plans to break into the top three companies for construction machine sales by 2015. One company source said the acquisition of Germany-based Schwing would be a “big thing” for the global construction machinery industry. “We feel they can contribute to our competitiveness in the concrete machinery sector. Our lower manufacturing costs and their high level technology make
    Read More
  • XCMG in acquisition mode
    April 17, 2012
    XCMG is believed to be in advanced negotiations over the purchase of major concrete machinery manufacturer Schwing as part of its ambitious plans to break into the top three companies for construction machine sales by 2015. One company source said the acquisition of Germany-based Schwing would be a “big thing” for the global construction machinery industry. “We feel they can contribute to our competitiveness in the concrete machinery sector. Our lower manufacturing costs and their high level technology make
    Read More
  • Zoomlion raising the bar
    January 6, 2017
    Zoomlion has come a long way in 20 years, from small beginnings to becoming a major equipment manufacturer on the international stage. Tower cranes and truck cranes in particular make up the bulk of the firm’s operations and it is a leading producer in this field. Zoomlion makes the world’s largest crawler crane, which has a maximum lift capacity of 3,200tonnes and features a novel design with twin chassis and twin booms. However, Zoomlion is also a major player in the market for concrete pumps both with it
    Read More
  • Zoomlion raising the bar
    November 26, 2012
    Zoomlion has come a long way in 20 years, from small beginnings to becoming a major equipment manufacturer on the international stage. Tower cranes and truck cranes in particular make up the bulk of the firm’s operations and it is a leading producer in this field. Zoomlion makes the world’s largest crawler crane, which has a maximum lift capacity of 3,200tonnes and features a novel design with twin chassis and twin booms. However, Zoomlion is also a major player in the market for concrete pumps both with it
    Read More

Highlighted Content