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XCMG increases output with opening of 4 factories

Third-largest Chinese kit manufacturer XCMG has opened 4 new factories

The openings were celebrated with pomp and circumstance
The openings were celebrated with pomp and circumstance

XCMG, the third largest equipment manufacturer in China, has increased its output after opening four factories in the eastern coastal province of Jiangsu, China.

With XCMG reporting an $188 million (RMB 1.2 billion) build-cost for the facilities, the company says that the combined product output is 5000 medium and large-tonnage cranes, 40000 medium and large-tonnage loaders and 20000 complete sets of concrete machinery.

The output will have a combined value of nearly $6.3 billion says the company.

Construction of the four manufacturing based began in 2011, and was completed across 12-14 months, "setting a new benchmark for technological transformation and upgrading in the industry."

 

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Construction Week - Issue 730
Feb 21, 2019