XCMG targets Middle East
24 October 2019
Chinese crane manufacturer XCMG, along with commercial vehicle manufacturer Beijing Foton International Trade (Foton), has exported 50 articulated boom truck mounted cranes for the Middle East market. XCMG said it conducted extensive research into the requirements of the market in this region and used this analysis to develop the crane.
According to XCMG, the sale demonstrates the success of its strategic co-operation initiative with Foton under the ‘double brand - double channel’ banner. The co-operation between the two companies started in 2018 when vehicles with a Foton chassis and an XCMG superstructure were launched, selling almost 100 units in that year. From January to August 2019 XCMG said it sold more than 100 units of XCMG-Foton integrated vehicles.