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  • LuiGong wants to double export sales

    You are here: Home » News » News & Events » LuiGong wants to double export sales

    One of the most established Chinese players in construction equipment is  LuiGong, famous for wheeled and skid steer loaders using DCEC construction engines and ZF transmissions. Their aim is to double $700m export sales in three years,  according  to Zeng  Guang’an, LuiGong vice chairman and president.

    Zeng  Guang’an said overseas sales in 2011 were around 18%. Last year they reached 28% and he expects over the next five years to reach 35-40%. This is much faster than growth in China because China’s market has slowed.

    He added that sharing market share with joint venture partners DCEC  and ZF, and investing in advanced and cost-sensitive technology were two key areas that would help LuiGong achieve its overseas sales goal. Luigong also use Weichai construction engines to power some models.

    Asked about the state of the construction equipment market in China, he said: “In the first quarter of 2013, it is down about 20%. However, in the next three quarters we can see the market picking up. Hopefully we can see the whole market in China will grow by 5 to 10%. It depends on the different product strands. Generally, it will be a better year than last year.”

    At the recent Bauma construction exhibition, LuiGong unveiled its new 375B radial-lift skid-steer and new 945E excavator. They were among the company’s 22-machine line-up at the show. Featuring a 280 kW DCEC constuction engine and a 2.2 m3 bucket, the 945E is ideal for high-production, high-volume applications in quarrying and heavy construction.

    Richard Smith

    Export Sales Manager

    www.emac.cc

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