Terex Expands in China

U.S. heavy equipment manufacturer, Terex Corp., announced this past week that it will open a manufacturing plant in east China’s Jiangsu Province as part of its global expansion plan to produce products for local markets.

Located in a business park in Changzhou, about 200 km northwest of Shanghai, the new Terex Aerial Work Platforms (AWP) Changzhou manufacturing facility covers an area of 2.4 hectares and serves as the product development, parts distribution and service center for China, according to a statement released by the company.

First-phase investment has totalled 27 million U.S. dollars and the facility is now capable of producing telescopic booms and super booms for the shipbuilding market, the statement said.

“Terex Changzhou is in line with our China strategy of providing ‘made by Terex’ global products to the local market,” said Ken Lousberg, president of Terex China.

Terex plans to incorporate four additional product lines specifically for the Asian market, Lousberg said.

The Changzhou plant was selected for its potential capabilities to become a future Terex manufacturing base to include other business segment products, Lousberg added.

Terex Corp. is a diversified global manufacturer of heavy equipment for a variety of industries, including construction, infrastructure, quarrying and shipping. It operates in four business segments, namely Aerial Work Platforms, Construction, Cranes and Materials Processing.

Terex AWP established a sales and distribution office in China 12 years ago and its aerial work platforms have gained popularity in Asia in the construction of shipyards, airports, hotels, and factories.

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