Liugong adds mobile cranes
08 May 2008
China-based construction equipment manufacturer Liugong has added mobile cranes to its range with the acquisition of Chinese manufacturer Anli.
The announcement was made in March by Liugong president, Mr Zeng, pictured. Zeng told IC “We acquired Anli for RMB89 million (US$12.5 million) and we will work to improve the product over the next two years before looking seriously at export markets. The new range of cranes will be branded Liugong.”
Anli currently produces a range of 8 to 35 tonne capacity mobile cranes and one 55 tonne crawler crane. Zeng added, “current production is around 1,000 units a year, but we will look to increase that to 1,500 this year.” Anli is thought to be the fifth largest producer of mobile cranes in China.