Manitowoc forms joint venture in China

  • 19-Jun-2008 09:01 EDT

The Manitowoc Co., Inc. formed a joint venture with the shareholders of TaiAn Dongyue Heavy Machinery Co., Ltd. for the production of mobile and truck-mounted hydraulic cranes. The joint venture is located in TaiAn City, Shandong Province, China. TaiAn Dongyue, founded in 1972, uses a new, purpose-built, 614,000-ft² (57,000-m²) facility that is staffed by a workforce of more than 900 professionals who are experienced in the manufacture and assembly of mobile hydraulic truck cranes for the Chinese market. TaiAn Dongyue has a product line of 10 models, ranging in lifting capacity from 8 to 50 t (8 to 55 ton).

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