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China, as the world's third-largest forklift market after the United States and Japan, has paid special attention to domestic and foreign investors. In order to seize the opportunity, the merchants came one after another. For a time, it was a good show, and it was very lively... This is not only the driving of interests, but also the contest of strength. After a full demonstration and operation, the world's forklift attachment and fork manufacturing industry - the new round of strategic investment in the United States Cascade company in South Africa kicked off in early 2006, and gradually climax.
Do the best if you want to do it. Cascade's ambitious investment includes not only the comprehensive renovation of the Cascade Xiamen plant, the largest manufacturing base for forklifts in China, but also the construction of a modern fork factory in Hebei and Xiamen. Compatible IT systems and global synchronous communication systems.
For nearly 70 years, Cascade has been committed to providing high value-added material handling products and services to customers around the world. As far as China is concerned, Cascade took the lead in introducing the world-class forklift attachment technology to China in 1987, and was listed as a key introduction and absorption of localization projects by the state, which played a role in replacing the import of similar products. The new factory in Xiamen, which was completed and put into operation in 2001, is still the largest production base for forklift attachments in China. After taking the lead in bringing advanced fork manufacturing technology to China in 1996, Cascade was the first in China to produce the world's leading profile extrusion fork production line. Peers and domestic and foreign customers recognize that all kinds of forks produced by the Cascade Hebei factory are the best in the domestic similar products. All of this enables our customers to focus more on improving their core competencies, and entrusting the logistics handling systems and related equipment and accessories they need to the authoritative industry experts to provide the best solution. As a result, Cascade has always been a leader in the Chinese market, winning the trust and support of more and more customers.
In order to promote the development of China's logistics handling technology to a higher level, Cascade will install a more advanced machining center and welding robot in the Xiamen accessory factory than the US factory, update the paint and shot blasting line, thus significantly improving Cascade in China. The ability to manufacture parts and components, to achieve an "order-oriented" production model, and to leverage the cost advantages in China to supply parts to other Cascade plants worldwide. At present, the transformation of the factory has achieved initial results. The 55F series of side shifters originating in the United States have been mass-produced in Xiamen in an "order-oriented" mode, achieving the fastest delivery speed of similar products in China.
As part of its long-term plan, Cascade is rapidly expanding its production capacity in China. By investing in factories in Hebei and Xiamen, Cascade will continue to maintain its leading position in the Chinese fork market and will use China as its main production base to meet the demand for fork products in the Asia Pacific region and the rest of the world.
Cascade currently has annual sales in China of 300 million yuan. After completing the first phase of investment, the production capacity will exceed 600 million yuan. Yan Peng has a wingspan of 90,000 miles, and he is leading the way in Ling Xiao. Cascade's new round of strategic investment in China will further expand its already existing market leading edge and further contribute to the development of the global material handling field in order to further narrow the gap between China and the world's advanced material handling levels. .