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 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
LiuGong Machinery, a Chinese manufacturer of heavy equipment, had more than 500 dealer representatives from 80 countries attend the company’s 11th annual global dealership conference.
The event was held this month at the Liuzhou International Exhibition Centre in Liuzhou, in north-central China, home of LiuGong.
The company, which had global sales US$2 billion in 2013, also held demonstrations of its equipment. LiuGong was set up in 1958 and sold more than 43,000 units last year. In 2011, Cummins and LiuG
LiuGong and ZF are intensifying their cooperation by building a new joint venture axle company in Liuzhou. Called ZF Liuzhou Axle, the new company will produce wheel loader axles that are specially tailored for the requirements of the Chinese market. By 2018 some 190 employees will be working at Liuzhou Axle. Since 1995, ZF and LiuGong have been operating a joint venture company in Liuzhou, a major industrial city in the south of China. The two parties have now decided to further intensify their cooperation
Even heavy rain showers on the first day of the bauma China exhibition in Shanghai did not dissuade the crowds packing the outside exhibition areas - Mike Woof writes
Those firms exhibiting at bauma China 2014 in Shanghai benefited from a strong show that attracted a record attendance of 191,000, an increase of 6% over the 2012 event. A wide array of new equipment was on show from the 3,104 firms exhibiting, an increase of 14% from 2012. There was a strong focus on technology and new engines required for
