On May 17, 2011, a signing ceremony for XCMG Brazil Industry Park project was grandly held in Paucia City (a transliteration of the city name).
As the first wholly-funded production base construction project for XCMG’s internationalization and XCMG’s first overseas complete construction machinery manufacturing base
XCMG Brazil Manufacturing Base signifies that XCMG advances to a higher step in the process of partaking in global competition and turning into a world-class conglomerate.
Three year later, the XCMG Brazil Industry Park with a total investment of US$ 200 million, has been officially put into running so far.
With an annual capacity of 7000 construction machinery products, the industry park will be mainly engaged in production of hoisting machinery. With setup of this base, XCMG will turn the South America into another local market,
Which will expedite XCMG’s outbound expansion and globalization layout. In this context, XCMG’s “Made in Brazil” products will turn into another bridgehead for XCMG to go global and increase its international presence while relying on others’ strengths.
