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Doosan Infracore lands a major order in China

Jan 23,2019
Doosan Infracore said Tuesday that it won an order from China’s Mengxin Group to supply 36 excavators. The heavy equipment company will supply six 80-ton excavators, 20 52-ton excavators and 10 38-ton excavators to the Chinese mining company, which operates four mines in Inner Mongolia, China.

The order comes as the company looks to bolster its position in China through larger-sized excavators.

The Doosan affiliate has, in the past, focused on its small- and medium-sized excavators in the Chinese market.

The company’s annual sales share in China of medium- and large-sized excavators increased to 40 percent through the third quarter of last year, a five percentage point increase from the same period the previous year.

“Through strategic partnership, this supply order secures a long-term major client in the Chinese mining industry,” said a Doosan Infracore executive.

By Chae Yun-hwan