menu

Our businesses:

{{displayStock}}

Trade press release

Flow of orders from Chinese yards feature MacGREGOR cranes

12/7/2006

MacGREGOR announces further business growth in China

A new joint venture in China will improve MacGREGOR competitiveness in domestic markets and add local design resources to its portfolio

The MacGREGOR Group part of the Cargotec Corporation has today announced a new joint venture with Chinese company Shanghai Goodway Marine Engineering.

The joint venture will offer access to a market not otherwise available to us and also to locally-available qualified design and project management resources, said Kent Glasberg, general manager of MacGREGOR Service division. Customer focus would be on Chinese domestic markets and our target would be to improve competitiveness in this area".

Additionally this new venture would improve our ability to serve global customers in conversion and modernisation projects outside China as well.

Following the finalisation of the new partnership, Goodway current eight-employee staff base will be employed by the joint venture company, and MacGREGOR will commit resources to meet the requirement for advanced technical skill levels. Plans are also in place for the joint venture company staff numbers to be increased within the next two years.

For further information please contact:
Pertti Vilhonen, Sales Manager, Conversions and Modernisations, MacGREGOR (FIN) Oy
Tel: +358-2- 4121 360
E-mail: pertti.vilhonen@macgregor-group.com
or
MacGREGOR Group press office:
Mr Steve Labdon, MacGREGOR Group Media Representative
Tel: +44 (0)20 8364 1441 Fax: +44 (0)20 8364 1331
E-mail: steve.labdon@j-l-a.com