Responsive Image Banner

LGMG begins drive into Europe

Premium Content

02 November 2017

Lgmg

China-based construction giant LGMG is planning major expansion of its access division globally, with its sights set on Europe, followed by a move into North America.

The company, which had a RMB20 billion ($3 billion) sales revenue in its last financial year, already has joint ventures with Volvo and Sandvik and told AI it was very likely it would seek a similar international arrangement with an existing access-related producer.

“Europe is a very important market. How we approach the market in Europe, we are still deciding. It is most likely we will find a partner like Sandvik or Volvo,” a company spokesman told AI.

At APEX Asia, the company is launching a new slab scissor aimed at Europe and is hoping to find rental companies in Europe willing to test the unit when it has passed its CE certification. The 6.6m working height AS0507N electric scissor is compact at 1.5m long and has a weight of 1 tonne.

LGMG already produces a series of slab scissors based on the lean manufacturing inspired by Volvo and is set to produce 4,000 units this year, which it is selling through its existing network of distributors in China, some of which have set up MEWP rental divisions. It is also working on 10m and 12m working height rough terrain scissors, and is working on a new boom - a 20m working height telescopic rough terrain diesel.

The company said it is looking to set up parts distribution in Europe as well as extensive service, and is considering setting up an R&D centre in Europe for which it will employ locally-based experienced engineers. The products will then be manufactured in its Jinan, China, plant.

Read more about this story and others from APEX Asia in the November/December issue of Access International, to be published soon.

 

STAY CONNECTED

Receive the information you need when you need it through our world-leading magazines, newsletters and daily briefings.

Sign up

Latest News
Tadano changes European leadership
Leadership changes at the European arm of Japanese crane maker
SC&RA member spotlight: Hovago
Turning cross-border challenges into relationships
Kiskunas promoted at Dawes Rigging & Crane Rental
Joe Kiskunas replaces Scott Jerome who retired after more than 40 years
CONNECT WITH THE TEAM
D.Ann Shiffler Editor, American Cranes & Transport Tel: +1 512 869 8838 E-mail: [email protected]
Alex Dahm Editorial Manager Tel: +44 (0) 1892 786206 E-mail: [email protected]
Matt Burk VP Sales Tel: +1 773 610 9467 E-mail: [email protected]
Simon Battersby Sales Manager Tel: +44 (0) 1892 786223 E-mail: [email protected]
CONNECT WITH SOCIAL MEDIA

Your VIP Pass to the World Cranes & Transport Summit

Dublin | Nov 18–19
Cap off the Summit with an exclusive Super-Premium Irish Whiskey Tasting at the historic Swan Bar.
🥃 Network with industry leaders in an intimate setting
🌍 Gain world-class insights at the conference
🍀 Experience the culture of old Dublin

I'M INTERESTED