Tuesday August 14, 2018 15:31

MACHINERY Press Releases

SIMA ASEAN Thailand 2018s success cements it as the leading show in the region General—29 Jun 18

SIMA ASEAN Thailand 2018 ("SIMA ASEAN"), the Southeast Asian agri-business show, concluded its fourth edition on a high note, gathering agri-business players across the world, including Thai farmers, Asean area buyers, dealers, key machinery

XCMG#s Profit Surges as Global Economic Recovery Boosts Demand for Construction Machinery Stcoks—21 May 18

XUZHOU, China--22 May--PRNewswire/InfoQuest

XCMG (000425.SZ), the world's leading construction machinery manufacturer, has seen its earnings almost quadruple over the last year as the global economic recovery continued, and infrastructure investment in China increased demand for equipment including excavators, loaders and forklift trucks. The company, China's biggest exporter of construction machinery, is predicting solid growth in 2018 on the back of continued improvement in global markets despite rising trade friction between the United States and China.

For 2017, net profit surged 389.31% to RMB 1.02billion, up from RMB 208.6million the previous year, far outpacing the revenue growth of 72.46% that the company said in its previous annual report. In 2018, XCMG forecasts sales of RMB36.8 billion, representing year-on-year growth of 26.3%.

"Although rising protectionism and increasing Sino-U.S. friction casts a cloud over the global economy, the trend of globalization is irreversible, enabling XCMG to continue its global expansion," said Wang Min the President of XCMG. "In the domestic market, we will leverage our strength in product quality and sales channels to expand market share, and we will seek to become a 'smart manufacturer' by investing in technology and in our people."

Chinese construction machinery makers

Intermach 2018 shines a spotlight on Smart Factory General—18 May 18

The 35th Edition of Intermach, which takes place at BITEC this year, showcases 'Smart Factory' and the automatic production process without human labour involved. The ASEAN's largest Industrial Machinery Exhibition is expected to generate more than

XCMG Machines Brought onto BHP Mining Project in Australia General—28 May 18

XCMG, the world's leading construction machinery manufacturer, is providing equipment for BHP's major iron ore mining site in Pilbara, Australia. The win comes as the company continues its growth among key markets along China's "Belt and Road" Initiative

XCMG Launches Global Loader Operator Competition in Kazakhstan General—04 May 18

XCMG, the world's leading construction machinery manufacturer, has kicked off its third global loader operator competition in Almaty, Kazakhstan. 18 operators from across the country competed by completing a series of tasks and precision maneuvers on

Zoomlion #B# Rating Affirmed On Business And Industry Outlook Stable Stcoks—27 Apr 18

HONG KONG (S&P Global Ratings) April 27, 2018--S&P Global Ratings affirmed its 'B' long-term issuer credit rating on Zoomlion Heavy Industry Science and Technology Co. Ltd., a China-based machinery manufacturer. The outlook is stable. We also

XCMG Moves Up to 6th Place on KHL#s 2018 Yellow Table Properties—25 Apr 18

XCMG ( 000425.SZ ), the world's leading construction machinery manufacturer, now ranks 6th among the world's top 50 construction equipment manufacturers in the latest Yellow Table report released by European construction publisher KHL. XCMG has jumped up

XCMG Unveils 700-ton Hydraulic Excavator, Laying Foundation for Mining Machinery Industrial IT—17 Apr 18

The first 700-ton hydraulic excavator from XCMG, the world's leading construction machinery manufacturer, has rolled off the company's advanced assembly line in Xuzhou, China, heralding a new era for Chinese heavy equipment manufacturing. The successful

Photo Release: EXIM Thailand Launches EXIM Special Zone Credit and Soft Loan for Machinery Stcoks—04 Apr 18

Mr. Pisit Serewiwattana, President of Export-Import Bank of Thailand (EXIM Thailand), announced the launch of the EXIM Special Zone Credit, a long term credit facility with maximum loan tenor of 15 years combined with a revolving credit with a minimum

EXIM Thailand Launches EXIM Special Zone Credit and Soft Loan for Machinery Modification and Stcoks—04 Apr 18

Mr. Pisit Serewiwattana, President of Export-Import Bank of Thailand (EXIM Thailand), revealed that Thai export in 2018 has tended to continue its growth pace. This is regarded as a crucial period for Thai export to switch to products with higher value

XCMG Forges World#s First Intelligent Production Line for Crane Turntables, Entering Intelligent IT—26 Mar 18

XCMG, the world's leading construction machinery manufacturer, is now building up the industry's first intelligent production line for crane turntables with a daily production capacity of 40, the largest in the world. The move keeps the company at the

Japan-Based Toyota Industries Corp.#s U.S. Dollar-Denominated Straight Bonds Rated Stcoks—13 Mar 18

TOKYO (S&P Global Ratings) March 13, 2018--S&P Global Ratings today said it has assigned its 'AA-' long-term issue credit rating to Japan-based machinery maker Toyota Industries Corp.'s (AA-/Stable/A-1+) proposed five-year and 10-year U.S.

Photo Release: Nikkaki (Thailand) Inks Lease Contract for New Factory at General—26 Dec 17

Nikkaki (Thailand) Co., Ltd., a subsidiary of Japan Chemical Engineering & Machinery, recently signed a lease contract with Hemaraj Land And Development PLC, a subsidiary of WHA Corporation PCL, for a ready-built factory at Eastern Seaboard

CPT Drives and Power to Acquire Land for Plant Construction, Expand Product Line, Local, Overseas Energy—20 Dec 17

CPT Drives and Power, a provider of competitiveness-enhancing electrical power solutions for machinery control, including electrical power control equipment and systems for industrial plants and power substation erection and construction services, has

XCMG Apprentices Program Fosters Future Leaders In Construction Machinery Energy—19 Dec 17

The third season of the acclaimed XCMG Apprentice Program ("the Program") has welcomed five international apprentices to participate in a "One Week CEO" project, where they experience XCMG from the perspective of CEO at XCMG's headquarters in Xuzhou,

SET welcomes CPT Drives and Power on December 20 Stcoks—19 Dec 17

The Stock Exchange of Thailand (SET) will list CPT Drives and Power pcl, the industrial machinery and electric control systems distributor on SET, on December 20, under the ticker symbol "CPT". The company has a market capitalization at its initial

Photo Release: Bangkok Bank congratulates two SME customers that received SMEs Excellence Awards Stcoks—07 Dec 17

Bangkok Bank Executive Vice President Kanoksak Mokkamakkul (center) together with executives, congratulated two of the bank's SME customers for receiving SMEs Excellence Awards 2017 from the Thailand Management Association. Delmax Machinery Vice

ภาพข่าว: แถลงข่าวการลงนามในสัญญาร่วมทุน ระหว่างบริษัท Instep Group และ บริษัท IHI Transport ทั่วไป—30 Nov 17

เมื่อวันที่ 16 พฤศจิกายน พ.ศ. 2560 ได้มีพิธีลงนามร่วมกันระหว่าง บริษัท IHI Transport Machinery และ บริษัท Instep Group ณ โรงแรมเวสทินแกรนด์สุขุมวิท ห้อง Boardroom1 ชั้น 8. ทั้งสองบริษัทจึงร่วมกันจัดตั้ง บริษัท Jowit Global ขึ้นมา โดยจุดประสงค์ของบริษัท

XCMG#s Global Excellent Operator Program Kick Starts New Chapter in Professional General—28 Nov 17

XCMG, the world's leading construction machinery manufacturer, has commenced the fifth class in its Global Excellent Operator training program (the Program), offering 54 trainees the opportunity to improve their professional skills by studying under

Cambodia Sustains Strong Growth and Moving Up Manufacturing Value Chains Stcoks—23 Nov 17

Phnom Penh, November 22, 2017 — Increased exports of footwear, electrical machinery, equipment and auto parts has helped Cambodia's economy to remain robust, but growth is projected to ease slightly to 6.8 percent in 2017, compared with 7.0 percent

Photo Release: KBank offers financial support to TAMCO, a leading rice harvester Stcoks—21 Nov 17

At KBank Head Office, November 14, 2017, Mr. Patchara Samalapa (4th from right), KBank Senior Executive Vice President, signed a financial facility agreement with Dr. Somchai Yokubon (4th from left), President, Thai Agricultural Machinery CO., LTD.

XCMG#s Intelligent Manufacturing Capabilities Speed Up Production Time By 83 General—09 Nov 17

XCMG, the world's leading construction machinery manufacturer, has presented the company's latest achievement in Intelligent Manufacturing (IM) has boosted production efficiency by 32.5 percent and lowered energy consumption turnover during production by

First XCMG Hope Primary School Opens in Cameroon General—27 Oct 17

XCMG, the world's leading construction machinery manufacturer, has opened the first XCMG Hope Primary School ("the School") in Aliete Yehombo village, Cameroon, bringing educational resources to the remote Nemeyong region of the African country. The

Photo Release: Grand Opening of Unique Thai Precision Machinery Factory Extension in Hemaraj CIE Properties—18 Oct 17

Unique Thai Precision Machinery Co., Ltd., a leading manufacturer of valves components from Taiwan, inaugurated a new facility, which will serve as the extension of its existing plant located at Hemaraj Chonburi Industrial Estate 2. This new 15-rai site,

1700 construction machinery exhibitors ready for the 122nd Canton Fair General—02 Oct 17

The 122nd China Import and Export Fair (Canton Fair), the largest trade fair in China held biannually in Guangzhou, will host the phase one exhibition from October 15 to 19, highlighting 1,700 exhibitors in the construction machinery sector. The booming

XCMG Showcasing Innovation and Quality at BICES 2017 General—21 Sep 17

16 New Products and Eight Construction Solutions on Display Affirm Company's Mission to Produce "Advanced and Endurable" Products XCMG, the world's leading construction machinery manufacturer, is debuting a wide range of innovative new products and

SANY pioneers e-commerce machine sales in Australia Stcoks—30 Aug 17

The world's leading construction machinery manufacturer, SANY, has been exploring the e-commerce sales of mini excavators in Australia. This move aims to deliver quicker response and greater ease for customers to purchase SANY machines anywhere and