XCMG and Weichai Power team up

By Andy Brown25 June 2018

XCMG has announced a comprehensive strategic cooperation framework agreement with Weichai Power, a component supplier of mechanical parts.

XCMG signing

Tan Xuguang, chairman of Weichai Power (left) and Wang Min, chairman of XCMG (right) at the signing

XCMG is ranked as the sixth largest construction equipment manufacturer in terms of construction equipment sales, according to KHL’s 2017 Yellow Table.

Weichai Power and XCMG have cooperated with each other for more than 20 years in product research and development, manufacturing, supply, and after-sales services.

After this contract signing, XCMG and Weichai Power will deepen their strategic cooperation in heavy trucks, cranes, excavators, loaders, roller compactors and other fields.

 

Latest News
Middle-market investment banker adds BrandSafway M&A experience
Jim Rogers, former vice president of corporate development for BrandSafway, will direct TKO Miller’s industrial services practice
Bigfoot Construction team joins outrigger committees
Jeff Steiner has joined the SC&RA outrigger pad resource task force, and he and his nephew, Eric Steiner, are members of the P30 standards outrigger pad subcommittee. 
Fitch highlights deteriorating rental environment
Ratings body issues 2023 outlook for EMEA region