Hints and tips:
...Hengli Hydraulic Co, based in the eastern province of Jiangsu, reported a more than 50 per cent jump in orders of high-pressure tanks, a key component of excavators, this month from a year earlier....
...and the sort of construction machinery that Sany produces....
...A boom in US production of oil and gas from shale rock formations – enabled by horizontal drilling and hydraulic fracturing that cracks open the dense rocks – has upturned energy markets....
...Kion’s private equity owners, Goldman Sachs and KKR, last year sold a 25 per cent stake in Kion to Weichai Power, a subsidiary of Shandong Heavy Industry, the Chinese state-owned machinery conglomerate that...
...“I always call it ‘strategic co-operation’.’” Shandong’s deal with Kion marked the biggest Chinese company investment in Germany to date....
...makers Sany and Zoomlion Heavy Industry Science & Technology Co. (1157), also based in Changsha, are set to benefit, said Zhang Wenxian, a Hong Kong-based analyst with Haitong International Research Ltd...
...Zhenjiang Shenglong Machinery Manufacturing, a medium-sized maker of farming equipment in China’s Jiangsu province, gained exposure to Africa by contributing to aid missions....
...Continuing the tour, I saw diesel motors from Deutz, hydraulics from Bosch Rexroth and controllers from Siemens. Once again, I was informed, “We only use the best components in the world.”...
...Those trends boosted Eaton Corp, which makes hydraulics and power-management equipment. During the second quarter, sales jumped 21 per cent to $4.1bn while profits surged 47 per cent to $338m....
...hydraulic excavators....
...Unitas, which has about $4bn (£2.6bn) under management, saw off competition for Hyva from Chongqing Machinery & Electric, the Chinese state-controlled industrial group, and buy-out rivals Nordic Capital,...
...Chongqing Machinery & Electric Company, the Chinese state-controlled industrial group, will this week hold talks on the potential €600m ($830m) acquisition of Hyva, the Dutch maker of hydraulic cylinders...
...The Jiangsu province-based company was founded in 2005 by entrepreneur Zhang Zhirong, 41, who is the controlling shareholder....
...Caterpillar has a market share in the Chinese heavy machinery sector of about 7 per cent....
...Chongqing Machinery & Electric Company, the Chinese state-controlled industrial group, will this week hold talks about the potential €600m ($830m) acquisition of Hyva, the Dutch maker of hydraulic cylinders...
...Yang, managing director and co-head of Carlyle Asia Partners. “It is an affirmation of the attractiveness of opportunities in the region.”...
...Research by the China Confidential newsletter and website in the provinces of Hubei, Zhejiang, Jiangsu, Shandong, Henan and Shanxi provinces suggests that transactions are proceeding apace....
...The deal announcement followed a transparent year-long auction, overseen by JPMorgan, and supported by the provincial government of Jiangsu....
...Mainland private equity firms, including the state-backed Bohai fund, had approached Carlyle to discuss a possible co-investment in Xugong....
...Mainland private equity firms, including the state-backed Bohai fund, have recently approached Carlyle to discuss a possible co-investment in Xugong....
...Xugong Construction Machinery is part of the Xuzhou Machinery Group and specialises in products such as mobile cranes and lifting machinery....
...This followed a public 12-month auction arranged by the provincial government of Jiangsu. The deal is awaiting approval by the Ministry of Commerce....
...Nanjing Automobile began shipping machinery to its eastern China headquarters, where it plans to build Rover cars....
International Edition