Sany Heavy Industry Co Ltd is planning to increase investments in emerging markets like Venezuela, as the heavy machinery maker seeks ways to sustain growth amid tough market conditions at home. The company said on Thursday that its auto ...
Tags: Heavy Industry, Emerging Markets
When Guangxi Liugong Machinery was bidding to sell wheel loaders to a Thai rice merchant a few years ago, company president Zeng Guangan knew he needed to customize his equipment to beat off Komatsu Ltd and other Japanese rivals. ...
Tags: Heavy Gear, Wheel Loader
Chinese construction machinery maker Sany Heavy Industry Co., Ltd. (SHSE: 600031) has begun benefiting from a foray into markets overseas. It released financial results for the fiscal year 2012 on April 26 and according to the results, ...
The mining company Primero Mining Corp. ordered two new piston pumps from Putzmeister in 2012 for its San Dimas gold and silver mine in Tayoltita, Mexico. One of the two pumps has already been delivered to the job site, the second one is on ...
Tags: Primero, Piston Pumps, Putzmeister
At Bauma 2013 in April in Munich Putzmeister Solid Pumps GmbH will showcase its largest double piston pump KOS 25200. There is a high demand for this high-performance machine primarily in mining and in the area of land reclamation. Here ...
Tags: piston pump, high-performance machine, pump
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 ...
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
(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
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
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 ...
China serves up some heebie-jeebies yet again, this time directed towards the global market for construction machinery. Sany Heavy, the country’s biggest maker of such cool-sounding machines as concrete pumps, excavators and cranes, ...
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 ...