Photo by Tudor Van Hampton for ENR Liugong, which is building diesel engines with Cummins, displayed 28 machines at Bauma 2013. Photo by Tudor Van Hampton at ENR Tom Linebarger, chairman and CEO of Cummins, says the deal will help it access emerging markets. Related Links: Chinese Machinery Exports Grow 20% in 2012 Excavator Sales Show Signs of Recovery in China Last year's roughly 40% decline in heavy-equipment sales in China was not just a sales nightmare—it was also a potent reminder to the Chinese manufacturers that they need to increase their share outside of China to support their high-volume
The market is generally healthy and steadily growing, and margins are up for large specialty contractors. Further, advances in design tools and owner demand for collaboration are giving subcontractors a seat at the table early on in projects.