Company type | Public |
---|---|
SZSE: 000528 | |
Industry | Conglomerate |
Predecessor | Liuzhou Construction Machinery Factory |
Founded | 1958 |
Headquarters | Liuzhou , China |
Key people | Wang Xiaohua (Chairman) Zeng Guang'an (Vice Chairman and President) |
Products | Road machinery, Mining equipment, Industrial machinery, Concrete Machinery, Port machinery, Coal mining machinery, Pile driving machinery |
Revenue | CNY 17,798 million (FY 2011) [1] |
CNY 1,676 million (FY 2011) [1] | |
CNY 1,321 million (FY 2011) [1] | |
Number of employees | Approximately 11,000 |
Subsidiaries | Dressta |
Website | http://www.liugong.com/en/ |
LiuGong | |||||||
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Simplified Chinese | 广西柳工机械股份有限公司 | ||||||
Literal meaning | Guangxi LiuGong Machinery Co., Ltd. | ||||||
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LiuGong,officially Guangxi LiuGong Machinery Co.,Ltd.,is a Chinese multinational construction machinery manufacturing company headquartered in Liuzhou,China. It is the world's 10th-largest construction equipment manufacturer by market share and the world's largest manufacturer of wheel loaders. [2] [3]
LiuGong was founded in 1958 in Liuzhou. [4] [5] Its products include wheel loaders,bulldozers,skid steer loaders,forklifts,motor graders,excavators,long reach excavators,rollers,truck mounted and crawler cranes,pavers,mini excavators,drilling machines,mining dump trucks,concrete equipment,and cold planners. [2] It is listed on the Shenzhen Stock Exchange.
LiuGong manufactured China's first modernized wheel loader in 1966 and in 1976 produced its first articulated and oversized wheel loaders. [6] In 1993,it became China's first publicly traded construction equipment company. [7] Then,to take advantage of western technologies,it entered into a joint venture with the German transmission manufacturer ZF in 1995,a partnership that continues today. [8] In 2000,LiuGong acquired Jiangyin Roller Company, [9] and soon after,continued to expand its product offering to include a total of 12 different product lines. These lines include a full array of construction equipment and specialized machines such as materials handling equipment and mobilized cranes. [10] Today,LiuGong offers 19 different product lines. [2]
In February 2012 LiuGong acquired Huta Stalowa Wola construction machines division and Dressta Co,Ltd. in Stalowa Wola,Poland.
LiuGong employs over 11,000 people worldwide, [2] and has 24 manufacturing facilities and around 2,650 sales outlets and 380 dealers. Supporting its dealer network are 10 regional offices with engineering,marketing,and service support,coupled with 10 parts depots located worldwide. [2] LiuGong has subsidiary companies based in Johannesburg,South Africa;Sydney,Australia;Belo Horizonte,Brazil;Dubai;Europe;New Delhi,India;Stalowa Wola,Poland;Singapore;Moscow,Russia;Jakarta,Indonesia;Houston,United States and Tashkent,Uzbekistan . [11]
On 20 October 2011 LiuGong and Cummins Inc. signed a joint-venture agreement to build a new mid-range engine manufacturing facility in Liuzhou,Guangxi Province,southern China. The joint-venture,named Guangxi Cummins Industrial Power Co.,Ltd.,was planned to commence production of engines meeting Tier 2 and Tier 3 emissions by 2013. The engines will be fully localized in China. They have developed a new 9.3-Liter engine,and it is scheduled for production soon. [12]
Liuzhou ZF Machinery Co.,Ltd. is a joint venture between LiuGong (49%) and ZF Friedrichshafen of Germany (51%) which manufactures driveline and parts of driveline for construction machinery. Ratified by the People's Government of Guangxi,both shareholders signed the JV Contract in the Great Hall of the People,Beijing,on 12 December 1995,and the business license was approved in the same year. [13]
LiuGong holds a 42% stake in Beijing Capital Steel Heavy Duty Truck Co. Ltd,which is a subsidiary of Beijing Capital Steel Mining Co. The terms of the acquisition of the stake were not disclosed.
LiuGong's products include wheel loaders,bulldozers,skid steer loaders,forklifts,motor graders,excavators,rollers,truck mounted and crawler cranes,pavers,mini excavators,drilling machines,mining dump trucks,concrete equipment,and cold planners. [2]
A skid loader,skid-steer loader (SSL),or skidsteer is any of a class of compact heavy equipment with lift arms that can attach to a wide variety of buckets and other labor-saving tools or attachments.
Excavators are heavy construction equipment primarily consisting of a boom,dipper,bucket,and cab on a rotating platform known as the "house" - although the largest form ever,the dragline excavator,eliminated the dipper in favor of a line and winch.
A loader is a heavy equipment machine used in construction to move or load materials such as soil,rock,sand,demolition debris,etc. into or onto another type of machinery.
A backhoe is a type of excavating equipment,or excavator,consisting of a digging bucket on the end of a two-part articulated arm. It is typically mounted on the back of a tractor or front loader,the latter forming a "backhoe loader". The section of the arm closest to the vehicle is known as the boom,while the section that carries the bucket is known as the dipper,both terms derived from steam shovels. The boom,which is the long piece of the backhoe arm attached to the tractor through a pivot called the king-post,is located closest to the cab. It allows the arm to pivot left and right,typically through a range of 180 to 200 degrees,and also enables lifting and lowering movements.
Heavy equipment,heavy machinery,earthmovers,construction vehicles,or construction equipment,refers to heavy-duty vehicles specially designed to execute construction tasks,most frequently involving earthwork operations or other large construction tasks. Heavy equipment usually comprises five equipment systems:the implement,traction,structure,power train,and control/information.
Komatsu Ltd. or Komatsu (コマツ) is a Japanese multinational corporation that manufactures construction,mining,forestry and military equipment,as well as diesel engines and industrial equipment like press machines,lasers and thermoelectric generators. Its headquarters are in Minato,Tokyo,Japan. The corporation was named after the city of Komatsu,Ishikawa Prefecture,where the company was founded in 1921. Worldwide,the Komatsu Group consists of Komatsu Ltd. and 258 other companies.
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Case Construction Equipment is an Italian manufacturer of construction machinery. Along with CASE IH,Case Construction Equipment is a brand of CNH. Case produces construction equipment including excavators,motor graders,wheel loaders,vibratory compaction rollers,crawler dozers,skid steers,and compact track loaders.
Hitachi Construction Machinery (Europe) NV (HCME) is a subsidiary of Hitachi Construction Machinery Co.,Ltd. (HCM) and was established in 1972 in Oosterhout,The Netherlands. It is responsible for the manufacture,sales and marketing of Hitachi construction equipment throughout Europe,Africa and the Middle East.
A heavy equipment operator operates heavy equipment used in engineering and construction projects. Typically only skilled workers may operate heavy equipment,and there is specialized training for learning to use heavy equipment.
The Euclid Company of Ohio was a manufacturer which specialized in heavy equipment for earthmoving,particularly dump trucks,loaders and wheel tractor-scrapers. It operated in the US from the 1920s to the 1950s,when it was purchased by General Motors. The firm was later bought by Hitachi Construction Machinery.
Tata Hitachi Construction Machinery Company Pvt Ltd or THCMC is an India-based joint venture company between Tata Motors of India and Hitachi Construction Machinery of Japan. It was previously known as Telco Construction Equipment Co. Ltd. or Telcon for short.
Wacker Neuson SE with headquarters in Munich,Germany,is a manufacturer of construction equipment and compact machines for concrete and construction site technology listed on the stock market. The group includes the product brands Wacker Neuson,Kramer and Weidemann. The family business,founded in 1848,employs around 6,600 people worldwide (2023).
Huta Stalowa Wola is a defense contractor that operates a steel mill in the city of Stalowa Wola,Poland. It is a major producer of military equipment and one of the largest heavy construction machinery producers in East-Central Europe.
New Holland Construction is a multinational construction machinery manufacturer founded in New Holland,Pennsylvania,and now based in Turin,Italy. New Holland Construction produces construction equipment including backhoes,excavators and loaders. Originally formed as the New Holland Machine Company in 1895,the company is now owned by CNH Industrial N. V.,a company incorporated in the Netherlands.
Hitachi Construction Machinery Co.,Ltd. (日立建機株式会社) is a Japanese construction equipment company which is into the manufacturing,sales and service of construction machinery,transportation machinery,and other machines and devices. It is no longer a subsidiary of the Hitachi Group.
Xuzhou Construction Machinery Group Co.,Ltd. is a Chinese multinational heavy machinery manufacturing company with headquarters in Xuzhou, China. XCMG currently ranks first in the Chinese construction machinery industry,3rd in the world,4th in China's top 100 machinery enterprises,and 409th in the world's top 500 brands.
The YTO Group Corporation is a Chinese agricultural machinery and construction machinery manufacturer part of Sinomach,a comprehensive machinery conglomerate. Although composed of many subsidiaries and divisions,the company is best known for manufacturing a range of farming products including tractors and combine harvesters. The company was founded in 1955 and become the largest manufacturer of tractors in China. The company also manufactures construction machinery trucks and diesel engines.
CNH Industrial N.V. is an American-Italian multinational corporation with global headquarters in Basildon,United Kingdom,but controlled and mostly owned by the multinational investment company Exor,which in turn is controlled by the Agnelli family. The company is listed on the New York Stock Exchange. The company is incorporated in the Netherlands. The seat of the company is in Amsterdam,Netherlands,with a principal office in London,England.
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