The first overseas manufacturing plant of Guangxi Liugong Machinery Co., Ltd (LiuGong) recently began to construc...
The first overseas manufacturing plant of Guangxi Liugong Machinery Co., Ltd (LiuGong) recently began to construction, Madhya Pradesh in India. This is steady and strong pace for the company to further expand international market and implement globalization strategy.
It was reported that this overseas plant of LiuGong was named as LiuGong (India) Co., Ltd. The current investment was RMB 7.4849 million Yuan. LiuGong will add another RMB of 203 million Yuan this year and the plant is predicted to formally put into production by the first half of 2009.
About LiuGong
Founded in 1958, Guangxi Liugong Machinery Co., Ltd (LiuGong) is China’s leading construction equipment manufacturer and the first stock-listed company in domestic industry. Employing more than 6000 people and with 2006 revenues of 5.18 billion RMB, including 67.3 million USD from exports, LiuGong is the world’s second largest wheel loader manufacturer for annually outputting more than 20,000 units.