Terex expands Chinese facility

By Murray Pollok27 November 2018

Terex is expanding its aerial platform facility in Changzhou, China, allowing the addition of some materials processing and utility aerials products and creating a ‘campus site’ in the country.

At the end of November the company will break ground on a 100,000ft2 extension of the 360,000ft2 Changzhou facility, which is currently almost entirely dedicated to access equipment. Terex started work on the original site in 2008 and extended in further in 2011.

John-Garrison

John Garrison, Terex Chairman and CEO, at Bauma China 2018.

A key element of the expansion will be to localise production of its insulated aerial platforms used for live line working in China. Terex currently imports utility booms from the US for mounting on Chinese trucks by its local partner Xuzhou Handler Special Vehicle Company. The plan is to localise boom production at Changzhou, with the partnership with Xuzhou Handler to continue.

John Garrison, Chairman and CEO of Terex Corp, said the venture with Xuzhou Handler was very important and would remain in place.

Terex and Xuzhou Handler are working with China’s two largest utility businesses, State Grid and Southern Grid, to introduce live line working practices and equipment in China.

The investment in Changzhou – with the extension possibly completed by the end of 2019 – aims to create a ‘campus manufacturing’ site for Terex in China, leveraging the local engineering and technical expertise built up over the past 10 years.

Meanwhile, Garrison said US tariffs introduced on Chinese materials and components – tariffs 232 and 301 – had driven up the cost of steel and aluminium “quite significantly. It has impacted our business, and any US industrial business…We have to implement a strategy to address that impact, and we are doing that.”

He said Terex had already developed a robust supply chain in China. The business has also initiated a Global Strategic Sourcing Initiative, with the aim of consolidating its US$3.5 billion annual spending on materials and components. China and China-located suppliers will be an important part of that strategy.

Terex is this year celebrating a number of milestones in China. It opened its first Chinese office 30 years ago, and it is 20 years since the creation of the first Terex AWP office. It has also recently built its 50,000th access platform in the country.

“The future of Terex China is quite bright”, said Garrison.

MAGAZINE
NEWSLETTER
Delivered directly to your inbox, Access, Lift & Handlers Newsletter features the pick of the breaking news stories, product launches, show reports and more from KHL's world-class editorial team.
Featured Training From Easybook
NYC SST Online Training

The clock is ticking… Construction workers in New York City – have you fulfilled your required Site Safety Training (SST)? Get your SST card online now

Latest Events
Last chance to register for the virtual ALH Conference
The ALH Conference is set to kick off (virtually) at 9 a.m. CST on Tuesday, Sept. 14. This is your last chance to register for the live event
ALH Conference shifts to virtual format
The ALH Conference, set for September 14, will be held online, ALH and KHL Group have announced. Registration is now open
ARA Show: Rental-ready
The ARA Show will return to Las Vegas this October for the first time in eight years. ALH provides a preview to the all-things-rental event.
Off-Highway Research

The gold standard in market research

Off-Highway Research offers a library of more than 200 regularly updated reports, providing forensic detail on key aspects of the construction equipment industry.

Our detailed insights and expert analyses are used by over 500 of the world’s largest and most successful suppliers, manufacturers and distributers, to inform their strategic plans and deliver profitable growth.

Click here to visit our website

CONNECT WITH THE TEAM
Lindsey Anderson Editor, Access, Lift & Handlers Tel: +1 312 929 4409 E-mail: lindsey.anderson@khl.com
Tony Radke Sales Manager Tel: +1 480 478 6302 E-mail: tony.radke@khl.com
CONNECT WITH SOCIAL MEDIA