Leading Manufacturer Of Excavators Plans Chinese Expansion 08/02/2008

The global leading manufacturer of excavators has announced that it is considering expanding its operations in China, as well as other rapidly growing markets. It has been claimed by the manufacturer of excavators, Hitachi, that this may assist the company in withstanding a slowdown in global growth.brbr

Globally, it would appear that there is an increased demand for excavators and other construction equipment and machinery, in that so many developing nations are implementing excavators and construction equipment in regeneration programs. This includes for example, India, who are implementing massive improvement programs to road and travel infrastructure. Clearly, such projects in developing and expanding companies are good news for the manufacturers of excavators and associated equipment in that these markets will ostensibly lead to increased profits.

It has been reported that the Goldman Sachs Group Inc. has suggested that the Japanese economy may be slowing, perhaps even with a potential recession on the horizon. Despite this, the manufacturer of excavators, Hitachi has still predicted a profitable year. Hitachi has also suggested with regards to the manufacture of the excavators, that the company may expand its factory in Anhui, in eastern China, so as to increase output of excavators to 15,000 units by 2010.

Other issues affecting Hitachi and its manufacture of excavators have been suggested. These include the potential manufacture of excavator components in Vietnam in the foreseeable future. This would allow Hitachi to gauge how worthwhile the building of an excavator assembly plant would be in the country after 2011.


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