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

  • 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
  • VDMA reports increase in German equipment sector
    July 22, 2014
    A report from the German construction and building equipment manufacturer’s association, the VDMA, reveals steady sales for 2014. According to the report, German manufacturers of construction equipment are expecting to see a growth of 5% throughout 2014. In 2013, sales for the entire industry reached €11.7 billion. “This forecast is, however, based on several different backgrounds,” said Sebastian Popp, the VDMA’s expert on economics explains the situation. He explained that with construction equipment, th
    Read More
  • Zoomlion offers customers financial packages to buy equipment
    October 16, 2013
    Zoomlion is looking to continue its strong growth, having expanded through a series of acquisitions as well as through organic growth. And with its strong base there is a potential for future acquisitions to come. Zhang Jianguo is senior president of Zoomlion’s overseas division and explained that the firm’s financial packages offered to customers have been helpful in building its Chinese market share. He said, “Zoomlion has made great progress in financial solutions.”
    Read More

Highlighted Content