Demag Cranes and Weihua establish joint venture in China Ⅱ

Demag Cranes and Weihua establish joint venture in China Ⅱ


Demag Cranes

  • Combined expertise in manufacturing and development
  • Two manufacturing locations for mid-price segment products
  • Benefits of two established sales organisations
  •  
Demag Cranes, one of the world’s leading suppliers of industrial cranes and crane components, has established a joint venture with Weihua, one of China’s largest crane manufacturers. The joint venture Demag Weihua (Liaoning) Material Handling Machinery Co. Ltd will be responsible for the development and production of components and parts for cranes and hoists in the mid-market segment. Demag Cranes will hold 51% of the company, Weihua will have a share of 49%.

The joint venture will have two production plants located in Kaiyuan and Shanghai. In Kaiyuan, a city in the north-east province Liaoning, the joint venture will manufacture components, motors and parts for gearboxes. Final assembly of mid-price segment products (so-called Bas products), such as rope and chain hoists, crane end carriages, drive systems and light-crane systems, will take place at the plant in Shanghai, where the head office of the Chinese regional subsidiary of Demag Cranes is located. In addition, the development activities for mid-price segment products will be merged and further strengthened in Shanghai.

In recent months, Demag Cranes has launched its Bas products for the mid-market segment in China and India. These products are based on proven European engineering standards and are designed to meet the exact needs of customers in emerging-market countries.
The joint venture will be responsible for manufacturing the Bas products that the two shareholders Demag Cranes and Weihua will offer via their own established sales channels.

Aloysius Rauen, Chief Executive Officer of Demag Cranes AG explains, “We are combining the expertise of two strong partners in our joint venture. This will enable us both to benefit from the broad range of Bas products with the globally recognised Demag brand name and Weihua’s strong presence in China. Weihua and Demag Cranes will continue to expand their positions in dynamically growing market with the new joint venture.”

Han Xianbao, Chairman and President of the Weihua Group explains: “The establishment of our joint venture marks a further milestone in our growth strategy.” With Demag Cranes, which is a world leader for cranes and hoists, we are confident that we have found a reliable partner to serve the mid-market segment and, therefore, to expand our leading position in the Chinese crane market even further. At the same time, the joint venture with Demag Cranes will offer us significant growth opportunities in the international markets in the future. Our partners as well as our customers will benefit equally from this new alliance.”

About Weihua

The crane business of the Weihua Group includes the manufacture and marketing of industrial cranes, harbour cranes and crane components and it is one of the few suppliers in China with pan-regional representation. The company has its head office in Henan province (Changyuan County) in central China. Established in 1988, the group currently employs some 5,000 staff in its crane business line. Crane business revenue amounted to RMB 4.0 billion (approx. EUR 513 million) in 2011. Chairman and President Han Xianbao and his family hold 100 per cent of the shares in Weihua.
 

About Demag Cranes

The Demag Cranes Group is one of the world’s leading suppliers of industrial cranes and crane components, harbour cranes and terminal automation technology. Services, in particular maintenance and refurbishment, are another key element of the Group’s business activities. The Group is divided into the business segments Industrial Cranes, Port Technology and Services and has strong and well-established Demag and Gottwald brands. Demag Cranes sees its core competence in the development and construction of technically sophisticated cranes and hoists as well as automated transport and logistics systems in ports and terminals, the provision of services for these products and the manufacture of high-quality components.

As a global supplier, Demag Cranes manufactures in 16 countries on five continents and operates a worldwide sales and service network that is present in over 60 countries through its subsidiaries such as Demag Cranes & Components GmbH and Gottwald Port Technology GmbH, agencies and a joint venture . In financial year 2010/2011, the Group, with its 6,115 employees, generated revenue of EUR 1,062.3 million. Since August 2011, the Terex Group in the United States ( www.terex.com ) has held a majority share in the company.

Demag Cranes AG. We Can Handle It.


Original from: http://www.demagcranes.com/cms/site/int/lang/en/page111158.html



Weihua Crane is professional material handling equipment manufacturer and servicer with largest production in global. Provide you with overhead crane, gantry crane, electric hoist, etc. of safe, reliable and efficient crane solutions and services.

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Industry Park, Changyuan, Henan, P.R.C

Weihua Cranes Machinery Co., Ltd.

Weihua Crane standard
Weihua Cranes started since the year 1988; it is professional material handling equipment manufacturer and servicer with largest production all over the world. With Weihua Cranes historical influence, “China Crane Town” (which covers more than 2/3 crane market in China) developed in the area around Weihua Cranes headquarter.
Weihua Cranes main businesses are researching, developing, manufacturing and sales of all kinds of lifting equipment. We have passed the ISO9001 quality system certification, ISO14001 environmental management system certification, OHSAS18001 occupational health and safety management system certification, CE certification, etc.
Weihua Cranes advantages and differences with other crane manufacturers are that we have professional crane team to provide you with safe, reliable, efficient crane solutions and services, and as far as possible to reduce your cost. Crane your business, let’s develop together!

 

Excellent Product and Solutions

Weihua Cranes become one of general hoisting machinery manufacturing industry leader with the largest production and sales volume. We can provide electric hoists, single/double beam overhead cranes, gantry cranes, and such varieties of lifting equipment 10 serious more than 200 types. The lifting capacity of the overhead crane can achieve 1000t, and the gantry crane 900t, to meet all kinds of project need.
Weihua Cranes is committed to provide total optimized crane program solution and perfect service to help customer to save cost and improve efficiency.



 

Advanced R&D | Strong Q&C | Production capacity

Weihua Cranes has Technology Testing and Inspection Center authorized by the state, post-doctoral research station, obtains 283 technology patent certificates and inventions, R & D team of Weihua with 600 people and with Shu-zi Yang (academician from the Chinese Academy of Engineering) as the foregoer, is the biggest one in general purpose crane industry in China.
Weihua Cranes now adopted the “lean production management”, the undaunted testing and outstanding market performance, ensuring Weihua Cranes stand out as the leading brand within crane industry. Weihua Cranes continuously make the innovation on technical and strict on QC management to keep the products quality steady improving.

Weihua Cranes total asset is of 0.78 billion US Dollar, over 6000 employees, covers an area of 3.42 million square meters, one of Weihua Cranes workshop is the largest within the whole world crane industry. A varieties of 1700 sets manufacturing and testing equipment, including machining, heat treatment, welding, assembly, testing and packaging shipped metering and other ancillary equipment with a full range of advanced production scale and production capacity.
 

Outstanding Marketing Performance & Long-term Partner

Production and sales of overhead and gantry cranes won the first in China for continuous 8 years. And now, total production amount of Weihua Cranes products achieve world first. Weihua Cranes has developed strategic partnership with Siemens, GH Spain, Demag, SEW, Schneider, etc.

Weihua Cranes are widely used in machinery manufacturing, iron and steel metallurgy, nuclear industry of mining, water conservancy and hydropower, roads and railways, electric power, automobile manufacturing, petrochemical, port logistics, shipbuilding and other material handling, etc. We have successfully exported to more than 90 countries and regions such as the United States, Great Britain, Russia, India, Brazil, Peru, South Africa, Mongolia, South Korea, Australia, Southeast Asia, the Mid-East, etc. And get well reputation.
Weihua Cranes with strong capacity, focus on customer service, provide with first-class quality, safety and reliable products, create more and more value for customers, these are the reasons we set-up stable and long-term relationship with our customers.
 

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