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Kobelco JV to build crawlers in China
Kobelco will build a crawler crane factory in China as a part of a joint venture with Chenggong Construction Machinery Co Ltd (CG). It will start production in August 2012, concentrating on Kobelco’s existing 250 tonne capacity CKE2500 model. Nearly 2 bn yen (US$23.3 mn) will be invested in the new plant. It will produce 80 crawler cranes a year by 2015 to meet 7 per cent of the total demand in China. According to the manufacturer, the annual Chinese market for crawler cranes is about 700 units, with worldwide demand reaching 2,500. This will be Kobelco’s second overseas manufacturing plant, following its new facility in India.
Contact: Kobelco Construction Equipment. Tel: 0120-407 9900. Fax: 0120-407 9999. Website: www.kobelconet.in
Kobelco will build a crawler crane factory in China as a part of a joint venture with Chenggong Construction Machinery Co Ltd (CG). It will start production in August 2012, concentrating on Kobelco’s existing 250 tonne capacity CKE2500 model. Nearly 2 bn yen (US$23.3 mn) will be invested in the new plant. It will produce 80 crawler cranes a year by 2015 to meet 7 per cent of the total demand in China. According to the manufacturer, the annual Chinese market for crawler cranes is about 700 units, with worldwide demand reaching 2,500. This will be Kobelco’s second overseas manufacturing plant, following its new facility in India. Contact: Kobelco Construction Equipment. Tel: 0120-407 9900. Fax: 0120-407 9999. Website: www.kobelconet.in