I XCMG maintained the industry lead with operating revenues of more than 87 billion yuan. In 2011, XCMG remained ahead in the industry with operating revenues of more than 87 billion yuan, registering enormous increases in taxes and profit. ...
Recently, the world’s largest crawler crane, the XGC88000 went into production at XCMG Construction Machinery Co., Ltd. With a maximum hoisting capacity of more than 3, 600 tons and a maximum hoisting torque of 88, 000 ton meters, ...
Tags: market view, crawler crane
Hurun Report Entrepreneurs Summit was held in Beijing on Oct 28th, marking the 13th anniversary of Hurun Rich List. Xiang Wenbo, President of Sany Heavy Industry, delivered a Keynote Speech at the Summit. Xiang said that Sany has ...
Having gone through political turmoil, fierce war and economic recession, Thailand had a difficult year in 2011. The major floods in July even worsened the situation. Japanese companies in Thailand, including Toyota and Toshiba, as well as ...
Sany Heavy Industry listed in FT Global 500 Sany Heavy Industry entered into FT Global 500 as the 431st with the market capitalization of $21.584 billion. It is the only Chinese machinery enterprise chosen in the list. Sany wins National ...
China has laid claim to a pillar of German industry after Sany Heavy Industry, the country’s largest construction equipment group, said it would acquire Putzmeister, a Mittelstand company that makes high-tech concrete pumps. The deal ...
21 January 2012 - Sany Heavy Industry Co., Ltd and CITIC Private Equity Advisors (Hong Kong) Co., Ltd. Signed a merger agreement with Putzmeister Holding GmbH. This marks for the first time a Chinese company acquires a well-known Germany ...
Caterpillar Inc. (CAT) posted fourth- quarter profit that beat analysts’ estimates and said Wall Street projections for this year were too conservative, lifting the stock market and bolstering expectations the world economy will ...
Asian stocks rose, with a regional benchmark index headed for its biggest monthly rally since September 2010, as Greek Prime Minister Lucas Papademos said major progress was made in debt-swap talks and Japan’s industrial production ...
Tags: market view, factory robots
Sany Heavy Industry Co. (600031), headed by China’s richest man, and a partner will pay 360 million euros ($475 million) for concrete-pump maker Putzmeister Holding GmbH to add technology and expand overseas. The Chinese ...
The Bureau of Labor Statistics (BLS) reported that the Producer Price Index (PPI) for materials and components used in construction was unchanged in November after rising 0.3% in October. The index was up 3.8% on a year-over-year basis, but ...
It is a common fact that we find a wide variety of Construction Machines on every construction sites, which make the construction jobs easy, safe and quicker. Depending on the application, construction machines are classified into various ...
Bauma China is the leading international trade fair in China and Asia for all sectors of the construction-machinery industry. It is growing at a pace that even industry experts find impressive. China and its neighbouring Asian countries are ...
Zoomlion Heavy Industry Science & Technology Co. Said slower expansion in China's demand for cranes and excavators will carry on next year because of waning economic growth and cutbacks in railway building. "Demand for construction ...