Wacker Neuson plans to open new factory in China
Wacker Neuson has further extended its production capabilities in Asia and strengthened its local presence in China with the construction of a new production plant in Pinghu, around 30 km from Shanghai. Cem Peksaglam, Chief Executive Officer of Wacker Neuson SE, signed the corresponding contracts on the site.The decision arose from an extensive search for a location. "We finally decided on the Pinghu location in Zhejiang Province, which best fulfils our requirements and the support of the local authorities isoutstanding," according to Peksaglam. "We are continuing our strategy of internationalisation with this step. In the largest construction machine market in the world, we underline our commitment towards our Chinese customers and trading partners," Peksaglam further stated.