Posts Tagged ‘ China ’

Magni Telescopic Handlers Sells 20% to Zhejlang Dingli Machinery

February 12, 2016
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Magni Telescopic Handlers Sells 20% to Zhejlang Dingli Machinery

Magni Telescopic Handlers sell 20% to Zhejlang Dingli Machinery.

The Magni family has a long tradition in the design and construction of machines that started after the second world war . The experience of more of 30 years of Riccardo Magni, president of the company, in the telescopic handler design and...
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TEREX CORPORATION ANNOUNCES SENIOR LEADERSHIP CHANGES

August 24, 2015
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TEREX CORPORATION ANNOUNCES SENIOR LEADERSHIP CHANGES

Terex Corporation has announced the following senior executive changes:

• Tim Ford, currently President, Terex Cranes, is leaving the Company to pursue other opportunities.

• With Mr. Ford’s departure, Ken Lousberg, currently President of Terex China, will take on the role of President of Terex Cranes as well as the responsibility for Latin America previously with...
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Leighton-China State JV secures $762m (USA) MTR Contract

January 19, 2015
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Leighton Holdings subsidiary Leighton Asia, in a joint venture with China State Construction Engineering (Hong Kong), has been awarded a contract by MTR Corporation for works on the Shatin to Central Link in Hong Kong. Total revenue for the project is A$929 million, of which Leighton has a 51% share.

Leighton Holdings Executive Chairman and...
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Poland: LiuGong Poland Acquires ZZN

November 15, 2013
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LiuGong Poland Machinery Co., Ltd. (LiuGong Poland) and the asset trustee of ZZN Transmission Plant in Stalowa Wola, Poland, held a signing ceremony of a conditional acquisition agreement, which marks another step for LiuGong Poland in the direction of developing core parts on its own.

Mr. Wu Yindeng, President Assistant, Board Director and Deputy...
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LiuGong and ZF building a new joint venture axle company in Liuzhou

September 12, 2012
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ZF and the construction equipment manufacturer LiuGong are to build a new joint venture it has been announced. The new company will produce wheel loader axles that are specially tailored for the requirements of the Chinese market. In the long run approximately 190 employees will be working at Liuzhou Axle Co. Ltd. and more...
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LiuGong completes first overseas acquisition

January 10, 2012
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LiuGong Machinery Corp. has finalized its agreement to acquire HSW (Huta Stalowa Wola) and its distribution subsidiary, Dressta Co, Ltd., company executives announced. The agreement was signed by both companies’ executives in Warsaw with celebration ceremonies following at the Baranów Sandomierski Castle in Baranów Sandomierski, Poland.

David Beatenbough, currently Vice President of Research and...
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Atlas Copco acquires Chinese compressor business

December 22, 2011
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Atlas Copco (China) Investment Co. Ltd has acquired certain assets of Guangzhou Linghein Compressor Co., Ltd. The acquisition supports Atlas Copco’s profitable expansion in China, adding a brand of industrial air compressors with a strong regional presence.

Linghein, founded in 2001, is located in the city of Guangzhou in South-East China. The company primarily designs...
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LiuGong and Cummins announce Joint Venture to build engines in China

October 20, 2011
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Cummins Inc and Guangxi LiuGong Machinery Co. Ltd. have announced a joint-venture partnership to manufacture mid-range engines at a new facility to be built in Liuzhou City, Guangxi Province, in southern China. The new joint-venture operation, titled Guangxi Cummins Industrial Power Co., Ltd., will commence engine production in 2013. Volume is planned to reach...
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China: Caterpillar to open facility to product hydraulic excavator undercarriage components

August 2, 2011
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China: Caterpillar to open facility to product hydraulic excavator undercarriage components

Caterpillar Inc has announced that it plans to open a new manufacturing facility in Xuzhou, Jiangsu Province, China. Construction and modifications to pre-existing buildings will commence in 2011, with production scheduled for mid-2012. The facility will produce undercarriage components and track assemblies, which are utilized on Cat hydraulic excavators.

“This new facility is our latest...
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China: Volvo Construction Equipment sponsor China Open golf tournament

May 2, 2011
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China:  Volvo Construction Equipment sponsor China Open golf tournament

In front of a cheering crowd Belgian Nicolas Colsaerts was pronounced the 2011 Volvo China Open champion and the winner of RMB3.3million (Approx. US$500,000). The 28-year-old from Brussels won with a four-shot victory ahead of an international, chasing quartet of Pablo Martin from Spain, Danny Lee from New Zealand, Søren Kjeldsen from Denmark and...
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