High Speed Embroidery Machine Series 624 Beads Embroidery Machine,24 Heads High Speed Embroidery Machine Computerized Embroidery Machine,High Speed Embroidery Machine Fuwei Embroidery Machine Factory , http://www.china-embroiderymachine.com
On January 24, 2013, the signing ceremony for the joint venture project between Shantui Construction Machinery Co., Ltd. and Manitowoc of the United States was held at the Sheraton Jinan Hotel in Shandong. Shantui chairman Zhang Xiuwen and Manitowoc crane group executive vice president Tadjuno signed an agreement. Taian Municipal Party Committee Secretary Li Hongfeng, Mayor Wang Yunpeng, Shandong Heavy Industry Group Chairman Tan Xuguang, General Manager Jiang Kui, Vice Chairman Dong Ping, Director of Construction Machinery Yan Kairong, Shan Fei General Manager Wang Fei, Deputy General Manager Cao Yongxin, Deputy Director General Manager Cheng Zhaohong, Chairman of Manitowoc’s Board of Directors Turlock and others attended the signing ceremony.
Tan Xuguang, chairman of Shandong Heavy Industry Group, said at the signing ceremony that this cooperation with Manitowoc is not only a major event in the global process of Shandong Heavy Industry Group, but also a major event in the development of the Chinese construction machinery industry. Accelerating the development of Shandong Heavy Industry Group's construction machinery segment and Manitowoc's company is of great significance. This is another major international cooperation in the field of truck cranes by Shandong Heavy Industry Group relying on its engineering machinery segment, Shantui Group, after Shandong Heavy Industries Weichai Group Holding Italy Ferretti Company and Weichai Power reorganized German KION. .
The mayor of Tai’an City, Wang Yunpeng, and the chairman of Manitowoc’s board of directors, Turlock, addressed the signing ceremony. Mayor Wang Yunpeng pointed out that the cooperation between Shantui and Manitowoc is a powerful combination that is of great significance to both parties. It is believed that Shantui Manitowoc Cranes Co., Ltd. will surely play an important role in revitalizing the equipment manufacturing industry in Tai'an and further improve the development effect of equipment manufacturing clusters in Tai'an. Turlock stated that it will strive to provide the most creative, advanced and complete lifting solutions and outstanding support services.
Founded in 1902, Manitowoc USA is a leading manufacturer of lifting equipment and food service in the world. It is headquartered in Manitowoc, Wisconsin. The Shantui acquisition is Manitowoc’s Manitowoc Dongyue Heavy Industry Co., Ltd. Shantui and Manitowoc Capitalize respectively on Dongyue Heavy Industry; Manitowoc acquires the entire equity interest of Dongyue's existing shareholder, Taishan Heavy Industry Investment Co., Ltd., and Taishan Heavy Industry Investment Co., Ltd. withdrew from Dongyue after reorganization. Heavy industry. After the completion of the project, Shantui and Manitowoc will hold 51% and 49% of the shares of Dongyue Heavy Industry respectively. Shantui will acquire Dongyue Heavy Industry's controlling stake and Dongyue Heavy Industry will be renamed Shantui Manitowoc Cranes. Limited company.
The business scope of Shantui Manitowoc Cranes Co., Ltd. includes the research, design, manufacture, sales, import and export of truck cranes, truck cranes and related service equipment, Spare Parts and accessories, and provides related training. Maintenance, technology and after-sales service. The two parties will use their respective resources in technology, manufacturing, marketing, branding, and capital to build China's automotive crane industry base.