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CAPITAL EQUIPMENT NEWS
JULY 2016
9
WACKER NEUSON
plans to open new factory in China
W
acker Neuson will further extend
its production capabilities in Asia
and strengthen its local presence
in China with the construction of a new pro-
duction plant in Pinghu, about 30 km from
Shanghai. Cem Peksaglam, the chief exec-
utive officer of Wacker Neuson SE, recently
signed the corresponding contracts.
“We decided on the Pinghu location in
Zhejiang Province as it best fulfills our re-
quirements, and the support of the local
authorities has been outstanding,” says Cem
Peksaglam. “We are continuing our strategy
of internationalisation and with this step into
the largest construction machine market, we
underline our commitment to our Chinese
customers and trading partners.”
The strategically favorable position, between
the cities of Shanghai and Hangzhou, as well
as a good infrastructure are key advantages
of the new location. Manufacturing facilities,
research and development, quality manage-
ment, logistics, service and training will be
located on approximately 135 000 m² of
ground with approximately 30 000 m² of
building space. Construction is planned to
start towards the end 2016, with completion
slated by the end of 2017. At first, compact
excavators will be produced for the local
market and further products will follow. It
is planned that the first compact excavator
should roll off the production line at the be-
ginning of 2018.
The Wacker Neuson Group has sold con-
struction equipment in China for over 20
years. The product portfolio for the Chinese
market was extended in 2015 to include
compact equipment. An increasing need for
improved infrastructure and the extension
and modernisation of the road and rail net-
work while trending towards more efficient
and environmentally friendly compact con-
struction equipment, offers attractive growth
opportunities for the Wacker Neuson Group.
A stronger presence in the country, including
R&D and production will lay the groundwork
for being part of future growth and improve-
ments in the Asia-Pacific region. Initially the
Chinese and later the Asian markets will be
served with products tailored to local re-
quirements.
b
Start of a partnership: from left: Cem Peksaglam (CEO Wacker Neuson SE) and Yongbiao Qian (Vice Mayor of
Pinghu City).
CONSTRUCTION