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Chinese construction machinery giant to further explore North America market in 2017

March 07, 2017


Abstract : Chinese intelligent construction machinery producer XCMG, scheduled to present its top-of-the-line products in 2017 CONEXPO-CON/AGG to be held from March 7-11 (local times) in Las Vegas, will crank up efforts to further explore the North America market.

BEIJING, March 7 (Xinhua) – Chinese intelligent construction machinery producer Xuzhou Construction Machinery Group Co., Ltd. (XCMG), scheduled to present its top-of-the-line products in the 2017 CONEXPO-CON/AGG to be held from March 7-11 (local times) in Las Vegas, will crank up efforts to further explore the North America market this year.

XCMG, one of the top 10 construction machinery manufacturers in the world, will showcase 14 high-end products including customized ones to North American clients via the expo, an international trade show as famous as the German Bauma fair for construction industries.

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Photo: The 40 ton XCT40U truck crane, equipped with 5-section boom and the North-American four-axle universal chassis, features high operating performance and energy-efficiency.

In XCMG Chairman Wang Min’s opinion, China’s construction machinery market has basically been saturated at present, and in order to increase its output value, the industry relies on exploiting the international market where multinationals dominate.

According to Wang, XCMG will improve its products’ technology content, quality and added value to advance towards the mid- and high-end market, which will be a new growth point for the company.

In the future, XCMG will take the United States as the center and radiate to the entire North America market so as to enhance influences over high-end markets such as Europe and Oceania via integrating resources, said Liu Jiansen, general manager of XCMG import and export company.

This year, XCMG will perfect its after-sales service and construct spare parts system to continue to exploit the North American market, said Hu Xiangyang, vice-general manager of XCMG import and export company. Enditem (Edited by Duan Jing, duanjing@xinhua.org)

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Keyword: machinery market xcmg north

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