Chinese firm LiuGong is opening a new R&D facility next to its Liuzhou HQ in June: this huge investment is set to benefit the firm – and the construction industry as a whole. Vice president Dave Beatenbough explains.
Chinese construction equipment firms have been building their operations in local markets – but are now looking to develop globally - Mike Woof writes In recent years Chinese construction equipment manufacturers have been able to capitalise on local demand in the home market. The rapid rate of expansion of transport infrastructure, fuelled by government spending, led to a massive need for construction machines. The country’s manufacturers have grown rapidly in size, investing enormously in factory capacity
LiuGong Machinery now has a new management team. Wang Xiaohua, will retire from the post of chairman of LiuGong Machinery after having served LiuGong Machinery for 43 years, of which 15 years as chairman. The firm says that his contribution to LiuGong’s development has been instrumental in the firm’s drive towards globalisation. Wang will remain chairman of Guangxi LiuGong Group, the parent company of LiuGong Machinery. With Wang’s retirement, Zeng Guang’an will take over the position of chairman of LiuGong
David Beatenbough, vice president of LiuGong research and development, has talked about the importance of the Chinese construction manufacturing equipment giant’s purchase earlier this year of Poland-based HSW and its Dressta distribution subsidiary. Speaking during a LiuGong press conference at bauma China 2012, he said: “The acquisition of Dressta was LiuGong’s first significant acquisition overseas so it was very important to us. This year was mostly a year of rebuilding and reforming foundations in Dres
David Beatenbough, vice president of LiuGong research and development, has talked about the importance of the Chinese construction manufacturing equipment giant’s purchase earlier this year of Poland-based HSW and its Dressta distribution subsidiary. Speaking during a LiuGong press conference at bauma China 2012, he said: “The acquisition of Dressta was LiuGong’s first significant acquisition overseas so it was very important to us. This year was mostly a year of rebuilding and reforming foundations in Dres
