Industrial Equipment

Manitowoc And Shantui – A New Joint Venture To Compete The Mobile Cranes Market

Manitowoc is one of the most popular manufacturers of lifting machines and equipment. The company enjoys a global reputation and it offers a full range of lifting equipment, such as: tower cranes, mobile cranes, boom trucks, lattice-boom cranes, all terrain cranes, rough terrain cranes, truck-mounted cranes, crawler cranes, etc. Shantui, on the other, is a popular Chinese manufacturer of cranes. Generally, China is the best market for mobile hydraulic cranes. The mobile cranes are in high demand in China and because of that the Chinese leader of mobile cranes recently formed a joint venture with the well-known American manufacturer Manitowoc.

Manitowoc-And-Shantui-Mobile-Cranes-Market

Manitowoc Cranes and Shantui Investment Company, or also known as Shantui Manitowoc Crane Company was formed as a joint venture, especially for producing mobile cranes in China for the domestic market. Both companies wanted to bring better manufacturing and customer service, and that’s why they decided to form a joint venture. Thanks to their cooperation, Manitowoc and Shantui managed to conquer the domestic market and to expand their presence worldwide. Today, many people involved in the construction industry see the Shantui Manitowoc Crane Company as one of the biggest manufacturers of mobile cranes.

In China, the mobile cranes produced by Shantui Manitowoc Crane Co. are being sold through a network of domestic dealers. But they plan to expand their sales of mobile cranes through a global dealer network to more countries around the world. Shantui Manitowoc is expected to grow not only in China but also globally. The first products from this joint venture were four models of truck-mounted cranes with capacities from 8 to 25 tonnes.

Shantui is considered as one of the best manufacturers of earth-moving equipment in China, including mobile cranes. Manitowoc has been trying to enter the Chinese construction market, and because the two companies wanted to be more successful, they simply merged into one successful joint venture. This joint venture has the potential to become not only the best manufacturer of mobile cranes in China, but also to conquer the world.

Comments are closed.