Wacker Neuson To Build Excavators In China

The Wacker Neuson Group said it is planning to open a new plant in Pinghu, near Shanghai, China. Initially compact excavators will be produced for the local market, with other products to follow, the company said.

“We are continuing our strategy of internationalization with this step,” said Cem Peksaglam, CEO of Wacker Neuson SE. “In the largest construction machine market in the world we underline our commitment towards our Chinese customers and trading partners.”

Manufacturing facilities, research and development, quality management, logistics, service and training will be located on a 135,000 m² parcel, with approximately 30,000 m² under roof. Construction is scheduled to start in the fall of 2016, with completion slated by the end of 2017. Wacker Neuson said the first excavator should roll off the production line at the beginning of 2018.

Initially the Chinese and later the Asian markets will be served with products tailored to the local requirements. The Wacker Neuson Group has sold construction equipment in China for over 20 years. The product portfolio for the Chinese market was extended in 2015 to include compact equipment. A stronger presence in the country, including R&D and production will lay the groundwork to be part of the future growth and improvements in the Asia-Pacific region, the company said.