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Sany Heavy to establish manufacturing base in Sao Paulo

Sany Heavy Industry Co., China's biggest maker of equipment for handling concrete, announced yesterday that the company has reached an intent agreement with Brazil's Sao Paulo state government to invest 200 million U.S. dollars on setting up a manufacturing base there.

The manufacturing base is planned to produce excavators, crawler cranes and other construction machinery products, whose annual sales is expected to hit 500 million U.S. dollars within 5 years, and 2 billion U.S. dollars in 10 years.

It will be Sany’s fourth overseas manufacturing base. Prior to this, Sany has set up factories in Germany, India and the U.S. Local media reported that the Sao Paulo manufacturing base is a priority for Sany's overseas expansion. A “four member team” of high executives was sent to Brazil on February 15.

Sany will start the construction of the R&D and manufacturing base in Sao Paulo state after the final cooperation agreement is signed. The company also stressed that the investment plan would be implemented after governmental approval.

By People's Daily Online

中文文本

三一重工将于巴西圣保罗设立生产基地

三一重工今日发布公告称,于2010年2月22日与巴西圣保罗州政府达成了投资2亿美元在圣保罗州建立工程机械生产基地的投资意向。

  

该基地拟生产挖掘机、履带吊等工程机械产品,年销售额预计在五年内达到5亿美元、十年内达到20亿美元的规模。

这是三一重工继2009年在德国、印度以及美国设立生产基地后,第四次在海外建设生产基地。据三一重工总部所在的长沙本地媒体报道,在巴西筹建生产研发基地是三一扩大海外市场的重中之重。为此,包括向文波、汤修过等高层在内的三一的“四人小组”已于2月15日飞赴巴西。

三一重工在公告中表示,该投资计划一旦正式签署,公司将启动在圣保罗州征地建设研发制造基地,以及针对南美市场研发和营销管理的相关工作。三一重工表示,该项投资计划需按相关规定批准后,方可实施。