Benefiting from the large-scale investment plan launched after the financial crisis,China's hydraulic industry saw rapid development in 2010 and 2011.In 2011,the output value of the hydraulic industry reached RMB43.6 billion,up 24.2%year on ...
German automaker MAN Truck & Bus has signed an agreement to deliver concrete pump chassis and other special-purpose vehicles to Chinese construction machinery manufacturer SANY Heavy Industries. As per the deal, both the firms will step ...
Heavy equipment makers are pinning their hopes on a stimulus fuelled rebound in China in 2013, after suffering another bruising quarter as the global economy slowed faster than expected with little respite seen before the end of the year. ...
The country's largest machinery manufacturer vowed on Thursday to "fight to the very end" in its attempt to sue US President Barack Obama for blocking its wind farm project in the United States over national security concerns. Although the ...
Sany Heavy Industry, a leading Chinese manufacturer of construction machinery, announced that it has fully acquired Intermix GmbH, a German truck mixer maker. Sany spent 8.1 million euros ($9.78 million) to buy all of Intermix from its ...
Sany Heavy Industry Co Ltd, China's largest construction machinery maker by revenue, expects to double its sales in the Brazilian market from last year to exceed $200 million, further consolidating its market share in Latin America. Sany ...
Tags: market view, construction machine
Sany Group, the largest crane maker in China and the sixth-largest in the world, plans to focus more on market expansion in ASEAN by using Thailand as a production base for excavators in the next few years in addition to Indonesia. The move ...
Tags: market view, crane
(Reuters) - Chinese companies are eyeing German machine tool group MAG, two sources close to the transaction said on Monday, in a sign appetite remains high among Chinese groups for the acquisition of German industrial know-how. State-owned ...
Tags: Market View, machine tool
China's stocks fell the most in six months after the nation's non-manufacturing industries expanded at a slower pace for a second month and fewer U. S. Jobs were added than economists estimated. PetroChina Co., the second-largest oil ...
Tags: maket view, construction machinery
Sany Group Co., the owner of China's biggest machinery maker, got commitments from 10 banks for its $200 million-equivalent three-year loan, according to a person familiar with the matter. Bank Sinopac, Chinatrust Commercial Bank and Tai ...
Tags: market view, machinery
Sany Heavy Industry Co. (600031), China’s biggest maker of excavators, may cut its unit-sales forecast for this year as government efforts to curb property speculation slow construction. “Given the weak market, I think ...
Tags: market view, excavators
Two new mid-size stationary concrete pumps will be on display at the Sany Intermat booth: The HBT 60C-1816 and HBT 80C-1818, with 147-horsepower and 228-horsepower engines, respectively. Sany will also be showing its SYG 5260 THB 36 ...
Tags: market view, concrete pumps
From a sprawling manufacturing base deep in China’s southwestern Hunan province, some 100 kilometers from where Mao Zedong was born, construction-machinery maker Sany Group (SANYIZ) plans to take on the world. While workers in blue ...
Tags: market view, Cranes
In just over three years Putzmeister’s world, fashioned around the unforgiving business of concrete, came crashing down around it. For nearly half a century the Stuttgart-based company along with Schwing, its German arch rival, had ...
Sany Group Co. (SANYIZ), owner of China’s biggest machinery maker, said its sales growth rate may slow by about half to 25 percent as the economy decelerates. Sales may exceed 100 billion yuan ($16 billion) in 2012, up from 80 billion ...