Skip to main content

LiuGong and Metso introduce joint venture mobile crushers

The first fruits of the joint venture agreement between LiuGong and Metso have been unveiled in the metal at bauma China 2014. These new mobile crushers are designed to meet the needs of Chinese customers, as well as those in emergent territories. Mobile crushers only account for a small percentage of the Chinese market as well as in many emergent territories at present. But both LiuGong and Metso believe these more versatile units will attract considerable sales in the future and will take much of the shar
January 6, 2017 Read time: 2 mins
The new LiuGong and Metso joint venture mobile crushers will be sold in China and other territories
The first fruits of the joint venture agreement between 269 LiuGong and 6934 Metso have been unveiled in the metal at bauma China 2014. These new mobile crushers are designed to meet the needs of Chinese customers, as well as those in emergent territories. Mobile crushers only account for a small percentage of the Chinese market as well as in many emergent territories at present. But both LiuGong and Metso believe these more versatile units will attract considerable sales in the future and will take much of the share now held by fixed plants as older generation equipment comes up for renewal.

The mobile crushing machines are an example of how LiuGong is prepared to invest in developing new market segments, as well as in research and development. Some 400 million RMB has been invested in this last area in recent years. The company is still completing its impressive new research and development operation in China, attracting large numbers of engineers to this facility. Vice president Dave Beatenbough said, “We started as early as three years ago to hire people to work in the R&D labs.”

He explained that the facility will be key to the firm’s future product range and said, “Anybody can bolt parts together and make an excavator. For better fuel economy you have to integrate the engine and the hydraulics.” And he added that the sophisticated electronics and software that will facilitate this machine integration will be developed by LiuGong itself.

For more information on companies in this article

Related Content

  • Booming Chinese aggregate demand
    February 22, 2013
    Global demand for construction aggregates is set to increase 5.2% a year until 2015 to 48.3 billion tonnes, according to research by The Freedonia Group in the United States. The same source tips China alone to account for half of all new aggregate demand worldwide in the period 2010-2015. Guy Woodford reports on the growing importance of the Asian aggregates market. China is already the biggest nation for aggregate production and use in the world, and the competition among the giants of aggregate productio
  • Metso develops market share development strategies for China
    November 27, 2012
    Metso announced two initiatives aimed at increasing its share of the fast-growing Chinese crusher market: A joint venture with LiuGong Group, and the acquisition of 75% of Shaorui Heavy Industries. Metso and LiuGong will form a 50%-50% joint venture aimed at developing the track-mounted crushing and screening business in China. The joint venture will combine Metso's know-how in track-mounted crushing and screening business and technology with LiuGong's distribution resources and manufacturing capabilities i
  • Metso develops market share development strategies for China
    January 6, 2017
    Metso announced two initiatives aimed at increasing its share of the fast-growing Chinese crusher market: A joint venture with LiuGong Group, and the acquisition of 75% of Shaorui Heavy Industries. Metso and LiuGong will form a 50%-50% joint venture aimed at developing the track-mounted crushing and screening business in China. The joint venture will combine Metso's know-how in track-mounted crushing and screening business and technology with LiuGong's distribution resources and manufacturing capabilities i
  • China looking to export construction machines
    March 16, 2012
    Chinese firms are looking to develop overseas sales but are using very different strategies – Mike Woof reports. Aggressive expansion plans will see Chinese manufacturers boosting overseas sales in coming years. These companies are developing bigger sales profiles around the world, particularly in emergent markets such as Africa, the Middle East and Latin America. It is worth noting too that Chinese products continue to gain in terms of quality and performance. For LiuGong, Sany, Shantui, XCMG and Zoomlion