Metso announced two initiatives to strengthen the strategic layout in China

Caterpillar return behind the development of a strong European and American multinational giants China construction machinery industry . Yesterday on the show , Metso announced two lysn paired angular contact ball bearing initiatives to strengthen the strategic layout in China : Guangxi Liugong Group to establish a 50% -50 % of the joint venture, and the purchase of 75% stake Shao Rui heavy , large-scale project to develop the domestic crushing and screening machinery market . Volvo Construction Equipment Company also announced that it has invested about 10 million yuan for the expansion of production capacity in China .
Compared to Europe giants , the domestic constru lysn tapered bearing supplier ction machinery enterprises are facing exports, soaring costs , excess capacity , the market space is squeezed , such as multiple problems, the show this year , to extend the product line of high-end technology innovation of domestic enterprises to become the highlight of the show. XCMG new generation of steel "Spider-Man " - remote control type walking excavator staff in remote , the step from the popular hot spot even the song "southern style" dance , no remote control technology to fill the gap . Liugong Group is a large high-end models carry 41 debut