Industry News

China Equipment Makers Look to US: Bloomberg

Dec. 5, 2022

Revenue growth as high as 54 percent

Backlogs among U.S. manufacturers of construction equipment and economic problems at home are motivating China’s manufacturers such as SANY to export more into the United States, according to an opinion piece on Bloomberg.com.

The article cites increases in revenue among Chinese companies as high as 54 percent as evidence that U.S. equipment fleets provide an opportunity for market share gains at the expense of U.S. firms such as Caterpillar.

Rod Sutton

Sutton has served as the editorial lead of Construction Equipment magazine and ConstructionEquipment.com since 2001.

Our mission is to help managers of heavy equipment and trucks to improve their performance in acquiring and managing their fleets. One way we do that is with our Executive Institute, where experts share information and ideas that will enable equipment managers to accurately manage equipment costs so that they can deliver the optimum financial benefits to their organizations.

We also have a laser focus on product development, performance, and technology; as well as equipment acquisition, disposal, and maintenance. Our exclusive Field Tests take earthmoving equipment and truck into the field for professional evaluations.

Check out our free newsletters to see the latest content.

You can find Sutton on LinkedIn.