U.S. Producer To Build Two Huge Tower Cranes After Winning $10-Million Contract in China
An American-owned manufacturer announced on Jan. 12 that it inked a lucrative $10-million deal with Nanjing No. 3 Yangtze River Bridge Co. Ltd. to design, build and deliver the two largest tower cranes in the firms 76-year history.
The order marks a big step for Potain, a French arm of Manitowoc Crane Group, Manitowoc, Wis., as it continues to seize Chinas booming opportunities for heavy-lifting tower cranes. Potain first engaged China with a manufacturing joint venture in 1985. Today, it fully owns a plant in Zhangjiagang and faces fierce competition from international firms like Kroll, Liebherr and Terex, as well as local producers.