Interpretation of construction machinery

A few days ago, at the construction site of 20,000 large-scale excavators, Volvo-Lingong had learned that the construction of the steel structure of the main plant of the excavator project was halfway, and equipment installation is expected this month. This project is invested by Volvo-Lingong, with a total investment of 6 billion yuan and a building area of ​​170,000 square meters. It is the most important strategic investment result since Volvo-Lingong's comprehensive cooperation. In order to speed up the project construction, Volvo made a one-time capital increase of 150 million U.S. dollars at the end of last year. With Volvo's advanced technology and joint R&D and technical breakthroughs of Volvo and Linong, the project has reached the international advanced technology level and annual production capacity of 20,000 large-scale high-end excavators. The project started in March this year and is expected to be completed and put into operation in December. After reaching its full production capacity, it can realize an annual production value of 20 billion yuan, a profit of 3.5 billion yuan, and become an important growth point for Volvo-Lingong to achieve its goal of “five-year planning and three-year realization”.

It is understood that in the first half of this year, Shandong Lingong faced a fiercely competitive market environment, carefully planned, fully developed the market, and achieved a good operating performance. From January to June, Shandong Lingong cumulatively produced and sold 26,000 units of all kinds of complete machines, an increase of 48% year-on-year; completed sales revenue of 6.4 billion yuan, a year-on-year increase of 65%; achieved half of the time and more than half of its tasks, resulting in annual sales revenue of over 100%. The goal of 100 million yuan has laid a solid foundation. (Yuan Yue)

On August 2nd, Hitachi Construction Machinery (China) Co., Ltd. held a groundbreaking ceremony for an annual production capacity of 30,000 excavator new bases in Hefei, Anhui Province. It is reported that after the new base is completed and put into production at the end of 2014, the scale of production of Hitachi Construction Machinery will reach 60,000 units. To date, Hitachi Construction Machinery has been stationed in Hefei for 16 years, from joint ventures to foreign capital, and the headquarters has been relocated to Hefei Economic Development Zone to grow year by year. Since its establishment, the company has cumulatively produced 80,800 excavators, achieved a production value of 56 billion yuan, and paid taxes of 3.7 billion yuan. President of Hitachi Construction Machinery Co., Ltd. Miichiro Matsuura stated at the opening ceremony that he had cooperated with Hefei for more than 10 years and had deep feelings. Hefei also became the world's largest factory under the Hitachi Construction Machinery Group. The second phase of this new base will be able to produce 30,000 excavators annually, with a total investment of over 4 billion RMB and an area of ​​670,000 square meters. It will introduce the most advanced production technology and equipment in the world. After it is completed and put into production, The new and old bases will achieve a total production scale of 60,000 excavators. In addition, the famous Japanese Okubo Motor Co., Ltd. will also participate in the investment in the new base and produce key components of the reducer for the excavator. It is expected that a new company will be established as soon as this year. (Ho Ho)

Caterpillar Inc. announced that it will establish a new production plant in Xuzhou City, Jiangsu Province. Construction and renovation will begin within the year and it is planned to be put into use in the middle of next year. The factory mainly produces chassis parts and track assemblies for Carter hydraulic excavators. "The plant is our latest strategic investment and aims to continue to expand Caterpillar's layout and capacity in the Asia Pacific region," said Caterpillar's president, Le Wenli, who is responsible for customer and dealer support. “At the moment, we have a joint venture in Asia, Asiatruck (Tianjin) Co., Ltd., which is responsible for the production of chassis parts and crawler belts. These two plants will enable Caterpillar to meet the long-term needs of customers in China and the Asia Pacific region.”

The new plant is located in the Xuzhou Economic Development Zone and covers an area of ​​18,000 square meters. It is expected that the total number of employees will reach 400 after full production. The Caterpillar leadership hopes that the plant can achieve a series of cost savings. The new plant is adjacent to the Caterpillar (Xuzhou) Co., Ltd. hydraulic excavator plant, which facilitates the delivery of completed chassis components to the Caterpillar Machinery Plant for final assembly. (Zhao Yang)