Skip to main content

Wacker Neuson’s new factory in China

Wacker Neuson has plans to open a new factory facility in China. The plant will be located in Pinghu, around 30km from Shanghai. It will be used initially to produce compact excavators for the local Chinese market. However the plans call for additional products to be manufactured as the operation gears up. It is expected that the first Chinese-made compact excavator will be built in early 2018. The move is important as it will allow Wacker Neuson to boost its production capabilities in Asia. The new pla
June 22, 2016 Read time: 2 mins
The signing ceremony for Wacker Neuson’s new Chinese plant took place recently
1651 Wacker Neuson has plans to open a new factory facility in China. The plant will be located in Pinghu, around 30km from Shanghai. It will be used initially to produce compact excavators for the local Chinese market. However the plans call for additional products to be manufactured as the operation gears up. It is expected that the first Chinese-made compact excavator will be built in early 2018.

The move is important as it will allow Wacker Neuson to boost its production capabilities in Asia. The new plant will strengthen the firm’s presence in China. The contracts were signed recently by Cem Peksaglam, the chief executive officer of Wacker Neuson.

“We have finally decided for the Pinghu location in Zhejiang Province, which best fulfills our requirements and the support of the local authorities is outstanding,” said Peksaglam. “We are continuing our strategy of internationalization with this step. In the largest construction machine market in the world we underline our commitment towards our Chinese customers and trading partners,” he added.

The site is located between the cities of Shanghai and Hangzhou and benefits from a good local infrastructure. Manufacturing facilities, research and development, quality management, logistics, service and training will be located on approximately 135,000m² of ground with approximately 30,000m² of building space. Construction is planned to start in the fall of 2016, with completion expected at the end of 2017. Initially the Chinese and later the Asian markets will be served with products tailored to the local requirements.

The Wacker Neuson Group has sold construction equipment in China for over 20 years. The product portfolio for the Chinese market was extended in 2015 to include compact Wacker Neuson Group. The firm says it intends to develop a stronger presence in the country, with research and development and manufacturing paving the way for future growth and improvements in the Asia-Pacific region.

For more information on companies in this article

Related Content

  • Wacker Neuson increasing factory capacity
    February 28, 2012
    Compact equipment specialist Wacker Neuson is starting work on a new factory at Hörsching in Austria.
  • Wacker Neuson sees strong future for sales
    April 24, 2018
    Wacker Neuson is seeing strong financial performance as demand for construction machines continues to improve. While expanding production worldwide, the company is also making a strong investment in research and development, for refining products and designing new models. CEO Martin Lehner said: “We want to focus on innovation. This is what drives us forward. There are two main points for us on products, one is zero emissions and another is on digitalisation.” The company has been heavily reliant on the
  • Wacker Neuson’s record nine month revenues, despite tough economy
    November 27, 2012
    Wacker Neuson (WN) achieved record nine month revenues in the year to September 30, 2012 – while also recording a slight year-on-year rise in Q3 2012. Group revenue in the first nine months of 2012 rose 12% to €812.6 million, compared to €727.6 million in 2011. Light equipment and compact equipment were the strongest sections, reporting increases of 10% and 14% respectively. The Americas was the strongest regional revenue driver, with a rise of 22%. In Europe, revenue grew by 8%. However, WN Group revenue f
  • Wacker Neuson reports record revenue
    May 11, 2017
    Wacker Neuson is reporting a record revenue for its first quarter in 2017. The Munich-based international light and compact equipment manufacturer said that adjusted profit before interest and tax (EBIT) increased significantly. At the close of the first quarter, order intake and backlog showed a clear rise over the figures posted for the prior-year period. "The year has got off to a very promising start for our Group. The investment mood among many national and international customers in most of our target