Archive for July 18th, 2010

Global Mixers Launches New International Dealer Program (2006-5-9)

Des Moines, Iowa-based Global Mixers launched a new worldwide dealer program designed to expand the company\'s market reach for its line of volumetric concrete mixers while offering customers a versatile, cost-efficient complement to traditional drum mixers. The company plans to add new dealers in North America and targeted locations across five additional continents by mid-2007. In addition to sales and support, the Global Mixers dealers will be responsible for educating customers about the benefits of the Global Mixers technology, as well as provide consultation, training and repair services to customers within their designated regions. Dealers will be awarded exclusive marketing rights to the Global Mixers product line, which will enable them to participate in and leverage the benefits of marketing and advertising efforts that support the brand on a worldwide basis. "By licensing the Global Mixers name to our dealers, we will be able to establish a stronger identity and create… Continue reading

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China Yuchai International Appoints New Director

China Yuchai International Limited (NYSE: CYD) ("China Yuchai" or the "Company"), announced today that Coomber Investments Limited holding an 18% shareholding in the Company, has nominated Mr. Yiyong Han to replace Mr. Yan Ping, who will be resigning as a director of China Yuchai with effect from May 7, 2010. Mr. Yan remains as a director and the Chairman of Guangxi Yuchai Machinery Company Limited\'s board of directors.

Mr. Han began working at Guangxi Yuchai Machinery Company Limited ("GYMCL") in 2005 and is currently the Chief Executive Officer, Chairman and a director of Coomber Investments Limited as well as company secretary to GYMCL\'s Board of Directors. He holds a Bachelor\'s degree in Vehicle Engineering from the Shandong University of Technology and a Master\'s degree in Power Machinery and Engineering from Guangxi University.

Mr. Boo Guan Saw, President of China Yuchai, commented, "We would like to thank Mr. Yan Ping for his contributions as a director of China Yuchai and welcome… Continue reading

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XCMG Ranks Top 10 in Global Construction Machinery Enterprises Rank

XCMG Group ranks 10th among global construction machinery manufacturers according to the recent 2010 Top 50 of World Construction Machinery ranking released by International Construction, a UK-based magazine and authority in the worldwide construction industry. This is the first time XCMG Group has ranked in the global top 10, up by 5 places in 2009 and 18 places in 2008.

The rankings are based on the 2009 distribution volume of manufacturers’ construction machine products. Also included in the top 10 are a number of global machinery icons: Caterpillar (USA), Komatsu (Japan), Terex Corporation (USA), Volvo Construction Equipment (Sweden), Liebherr (Germany), Hitachi (Japan), John Deere (USA), Case New Holland (USA), Sandvik Mining Construction Machinery (Sweden). Aside from XCMG, seven other Chinese companies rank in the top 50, including Zoomlion (17), Sany Group (21), Changlin Machinery Group (23), LiuGong Construction Machinery (27), Lonking Machinery (38), Xiagong Machinery (39) and Shantui Construction Machinery.(41)

In the last two years, the growth rate in world… Continue reading

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Heli Launches Forklift Truck of the Largest Capacity in China

After 18 months’ efforts, Anhui Forklift Truck Group has successfully launched the CPCD460 internal combustion counterbalanced forklift truck which has the largest lift capacity in China.   The forklift features the rated capacity of 46 ton, Euro Ⅲ emission standard, CAN-BUS control structure, WIZ computerized control on the operation of engine, transmission, brake, and hydraulics; color LCD interactive instrument with the functions of online monitoring, display, setup, and inquiry, as well as reliable automatic diagnosis, alarming and protection functions; the key structural parts like frame and mast are designed under CAE finite element analysis and optimization; advanced technologies of integrated hydraulic system, load feedback, priority steering, wet brake, etc.; The reliability and structural strength meet European Union. The machine has reached internationally advanced level in the control performance, stability, safety, comfortability, emission, and etc.

Source: 21-sun.com… Continue reading

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China\’s Sunward Rotary Drilling Rig Export to South Asia/ Indian Markets

Recently, the second batch of pilling machinery has been delivered to India. The order of over 10 sets of pilling machinery export to India has been finished till now.   Sunward put their products in India markets since the end of 2008. With reliable quality, high work efficiency and perfect aftersales services, Sunward products have won the recognition in the markets. During 2009, the international trading becomes active , and Sunward has received orders from Russia, America, Italy, Holland, and India, covering the products of compact excavator, rotary drilling rig, forklift truck, skid steer loader, and etc.   Sunward establishes the brand in the internationalized vision, and the company has become an important participant in the construction of South Asia and the whole world.   … Continue reading

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Zoomlion 1000 Ton Crawler Crane Delivery

On May 19th, 2010, the Delivery Ceremony of Zoomlion 1000 Ton Crawler Crane was held in Changsha city of China. The leaders of Shanghai Zhisheng CE Company and Zoomlion attended this ceremony.

The successful delivery of 1000 ton crawler crane means greatly for Zoomlion. It indicates that Zoomlion crawler crane breaks a record in the nuclear power industry, and makes helpful foundation for Zoomlion\'s development in nuclear power establishment industry.

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Annual China construction spending up 9 percent

 

Construction expenditures in China are expected to rise 9.1 percent per annum in real terms through 2014, moderating significantly from the pace of the 2004-2009 period.

Notwithstanding its deceleration in growth, China still represents the fastest growing major national market in the world, according to the report.

Increases will be bolstered by a growing domestic economy, ongoing industrialization, rebounding foreign investment funding, continuing efforts to expand and upgrade physical infrastructure, rising income levels, and further population and household growth. These and other trends are presented in Construction Outlook in China, a new study from the Beijing office of The Freedonia Group, Inc., a Cleveland-based industry research firm.

Nonbuilding construction will be the fastest growing sector, advancing 10.0 percent annually in real terms through 2014. Government spending initiatives are the predominant drivers of nonbuilding construction activity. Growth will benefit from state-led efforts to expand and upgrade China’s transportation infrastructure. Utilities construction will also contribute to nonbuilding construction spending gains, as

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52 Sets of Liugong Forklift Export to Turkey

In May 31st, Liuzhou Forklift Truck Company held the delivery ceremony of 52 sets of forklift. The president and vice president of Liugong attneded the ceremony.

Those exported to Turkey were the second generation of Liugong CLG forklift, including 40 sets of CLG2030H/CLG2035H forklift, 6 sets of CLG2050H forklift and 6 sets of CLG2020A forklift, which are branded new. The total value are more than 800 thousand dollars, which is the largest order for Liugong Forklift Truck Company since its establishment. These forklifts feature high configuration, low dismission, high quality and low consumption. The product quality has reached the level of medium development country.…

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Sany Heavy Industry to acquire Sanyi Automobile from Sany Group and Yi Xiaogang

Sany Heavy Industry Co., Ltd., engaged in manufacturing and distribution of engineering machinery products and accessories, has entered into an agreement with Sany Group Co., Ltd. and Yi Xiaogang to acquire a 98.24% stake and a 1.76% stake respectively in Sany Automobile Manufacturing Co., Ltd. for CNY2,058.8 million ($301.91 million). All the three companies are based in China.

Sany Group is engaged in the manufacturing and distribution of engineering machinery for construction, machinery leasing, manufacture of automobiles, and educational businesses. Sany Automobile is engaged in manufacturing automobiles and related parts and components.

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Chinese machinery firm to build Thai site

 Sany Heavy Industry Co Ltd, a Chinese construction machinery manufacturer, will invest up to US$100 million to build a new production base in Thailand with annual turnover of about $100 million. The company said it was making the investment because of its "strong confidence" in the country, despite its political challenges.

"We see a good opportunity to have a new production base in Thailand as it is the centre of Southeast Asia and its culture is similar to ours," said deputy general manager Zhongke Zhang.

The investment outlay will be between $40 million and $100 million, covering the acquisition of land plots sized from 60,000 to 100,000 square metres in an industrial estate and the construction of a manufacturing plant.

The company, now in talks with a few industrial estates, is studying regulations in each Board of Investment zone.

It will decide on the location within the next few months from among a handful of sites such as Bang Na-Trat Road, 304 Industrial… Continue reading

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