11.02.2010

Tadano announces new JV in China

Tadano has teamed up with Amron Co. and Kawanishi Co. to establish a joint venture manufacturing operation with Hebei Jintianli Machinery Manufacture Co of Zhuozhou City.

The joint venture company will be dedicated to the manufacture of “metalworking parts”- fabrications and sheet metalwork for construction equipment.

Tadano has had a joint venture in China since 2003 with Beijing Jingjeng Construction Machinery BQ-Tadano (Beijing) Crane Co. to manufacture and distribute truck cranes to the Chinese market and eventually overseas.

The joint venture is managed by a Tadano executive and has been seeking ways to improve quality at the same time as reducing the costs of its locally produced cranes.

As part of that programme it has been evaluating local component suppliers which led to the establishment of a hydraulic components joint venture in 2007 with JC-Tadano (Beijing) Hydraulic. The latest joint venture which obtained its licence in January is part of that programme.

Tadano owns 55.8 percent of the shares in the new venture, Amron and Kawanishi five percent each and Hebei Jintianli 34.2 percent.