Chinese, U.S. Construction Companies Share Sales Markets

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Last updated at: (Beijing Time) Sunday, November 25, 2001

Chinese, U.S. Construction Companies Share Sales Markets

China's leading construction equipment company, the Hunan Sany Heavy Industry Co. Ltd, has formed a partnership with the American John Deere Construction & Forestry Company.

China's leading construction equipment company, the Hunan Sany Heavy Industry Co. Ltd, has formed a partnership with the American John Deere Construction & Forestry Company.

According to an agreement signed recently by the two sides, Sany will become the sole sales agent for John Deere equipment and machinery parts and components in China, and will be responsible for its after-sales services in the region, while John Deere will provide technical assistance to Sany and help its overseas market expansion.

Established in 1837, John Deere ranks among the world's top 500 multinationals, with over 16 billion U.S. dollars worth of assets. It is the world's largest provider of agricultural machinery. It also makes forestry machinery.