Joint venture for LiuGong and ZF

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
November 27, 2012 Read time: 2 mins

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, 2304 ZF and 269 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. The new joint venture will be established in the same location. The joint venture will strengthen ZF’s activities in China. “During the past years, the country has experienced a rapid development of construction machinery,” explained Dr Stefan Sommer, CEO of ZF. “More than half of the world’s wheel loaders are produced in China. A considerable amount of machines are also being exported abroad from there. The impressive export rate, in particular, represents a big challenge since it frequently leads to market fluctuations. With the new joint venture company, ZF will continue its growth in China.”

Wang Xiao Hua, chairman of LiuGong, also said, “The new venture will benefit from the many successful years of cooperation already between LiuGong and ZF and by further extending this beneficial cooperation, we will continue to set many things in motion on the fiercely competitive construction machinery market.”

A team of engineers from ZF Headquarters, LiuGong and ZF China have been working together to upgrade the existing axle models for LiuGong wheel loaders since October 2011,” said Hermann Beck, head of the ZF Business Unit Off-Highway Systems. “These joint efforts brought about a modular axle concept which, besides the standard version with dry disc brake, offers the possibility to supply a new, even more sophisticated solution with wet multi-disc brake using a large portion of common parts.”
Engines, Components & Tyres

For more information on companies in this article

Related Content

  • Doosan Bobcat’s new backhoe loader plant in India
    October 4, 2018
    Doosan Bobcat has opened its new backhoe loader plant in India. The firm took over this plant last month, which has a site area of 80,000m2, a factory floor area of 15,000m2 and is capable of producing 8000 machines/year. Doosan Bobcat has entered this sector in a bid to expand its emerging market portfolio with the aim of exploring mid- and long-term growth. India’s compact equipment market is the third largest in the world after the US and China, with backhoe loader sales still dominating the country’s
    Read More
  • Wacker Neuson is reporting strong half year results
    August 6, 2019
    Wacker Neuson is reporting strong financial performance for the first half of 2019. The firm says that it continued on its growth path, with revenue climbing 15.2% compared with the same period in the previous year. Revenue hit €950.7 million compared with €825.1 million for the first half of 2019. “The first half of the year showed us once again that our solutions meet the needs of our customers,” explained Martin Lehner, CEO of Wacker Neuson SE. “We gained shares in numerous markets, driven largely by our
    Read More
  • Sales down but Deutz keeps profit level in first half 2015
    August 11, 2015
    German engine maker Deutz has reported new order sales were down just over 10% in the first half of this year, to €670.7 million. Unit sales also fell, around 21% down on the first half of last year, to 78,120 engines. Sales of 41,213 engines in the second quarter of 2015 were 11.7% higher than in the previous quarter but were 24.5% lower than in prior-year quarter (Q2 2014: 54,622 engines). Revenue was in line with forecasts, falling by 11% year on year to €670.2 million compared with €753.4 million
    Read More
  • Zoomlion’s advanced lifting and concrete pumping technology
    October 14, 2013
    Zoomlion is a world leader in concrete pumping and lifting technology, with an array of highly sophisticated solutions – Mike Woof reports. Compared with other global manufacturers of construction machines, Zoomlion is a comparatively new entrant to the market as the firm is just over 20 years old. However, Zoomlion is now recognised as a world leader in the lifting and concrete pumping markets, developing innovative machines that push the boundaries of technology. The company has grown both organically and
    Read More

Highlighted Content