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Zoomlion Launches Operations of New Factory in Europe Further Driving Localized Manufacturing

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Zoomlion Heavy Industry Science & Technology Co. has launched its new factory in Mantova, Italy, enhancing localized production for tower cranes, automobiles, work platforms, and forklifts. Spanning 20,000 square meters, the facility adheres to European safety and environmental standards, featuring an automatic gas emission monitoring system and solar panels for electricity. This factory aims to strengthen Zoomlion's competitive edge in Europe by integrating R&D, manufacturing, and sales capabilities, thus meeting local market needs and preferences.

Positive
  • The new factory in Italy will enhance localized production, allowing Zoomlion to better meet local market demands.
  • Adherence to high European safety and environmental standards may improve brand reputation.
  • The factory is designed for efficiency with lean manufacturing principles, likely reducing operational costs.
  • Integration of R&D, manufacturing, and sales will streamline operations and improve customer service.
Negative
  • None.

MANTOVA, Italy, June 8, 2021 /PRNewswire/ -- Zoomlion Heavy Industry Science & Technology Co., Ltd. ("Zoomlion"; 1157.HK) has officially launched operations of its new factory in Europe situated in the northern Italian town of Mantova. Now fully operational, the factory will further advance and improve Zoomlion's localized production in the European market, including tower cranes, automobiles, work platforms and forklifts, as well as providing a full range of services to local customers.

With an area of 20,000 square meters, the factory is laid out in accordance with the lean manufacturing principle and meets the highest safety and environmental construction standards in Europe.

"The new factory is equipped with an automatic gas emission monitoring system to prevent the pollution of the environment, we've installed solar panels on the roofs to provide electricity for production and LED lighting across the entire factory," introduced responsible personnel from Zoomlion.

A major milestone of Zoomlion's profound development strategy in the Italian market, Zoomlion will elevate the company's overall competitive strength through localized manufacturing of its products, which has the advantages of meeting the needs and preferences of the target market in terms of production performance, technological innovation and design. Localized manufacturing will also further enhance the company's global operating capabilities.

"As the comprehensive manufacturing base of Zoomlion products in Europe, the new factory will establish a complete system of R&D, manufacturing, sales and supply chain, by integrating Zoomlion's technologies, we'll achieve complete localization of product design, manufacturing and parts procurement to build high-quality 'European versions' of Zoomlion products," said Davide Cipolla, General Manager of CIFA in Italy.

Localization is a key link in Zoomlion's international development strategy that brought continuous success. Zoomlion has upgraded CIFA to a comprehensive manufacturing base where the ATC960 and ATC1000 all-terrain cranes were designed and manufactured. More than 70 percent of the products Zoomlion exhibited at Bauma 2019 were manufactured in local factories in Europe.

As the economy recovers and new factory runs, Zoomlion is looking to take lead in the European market with its strong R&D capabilities, high-performance products and elite services.

About Zoomlion

Founded in 1992, Zoomlion Heavy Industry Science & Technology Co., Ltd. (01157.HK) is a high-end equipment manufacturing enterprise that integrates engineering machinery, agricultural machinery, and financial services.

Cision View original content:http://www.prnewswire.com/news-releases/zoomlion-launches-operations-of-new-factory-in-europe-further-driving-localized-manufacturing-301307516.html

SOURCE Zoomlion

FAQ

What new factory has Zoomlion launched in Europe?

Zoomlion has launched a new factory in Mantova, Italy to enhance localized production.

What products will be manufactured at the new Zoomlion factory?

The factory will produce tower cranes, automobiles, work platforms, and forklifts.

What are the key features of Zoomlion's new factory?

The factory spans 20,000 square meters, adheres to European safety standards, and includes solar panels for electricity.

How does the new factory impact Zoomlion's market position in Europe?

The factory will strengthen Zoomlion's competitive edge by integrating R&D, manufacturing, and sales to meet local market needs.

When did Zoomlion launch its new factory in Mantova, Italy?

Zoomlion launched its new factory on June 8, 2021.

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