Sany Palfinger SPV Equipment Co., Ltd.
The Sany (Rudong) Industrial Park spans over 666000m2, including 270000m2 building area. Sany Palfinger totally invests over 470 million USD, including a registered capital of over 94 million USD, in the construction of “Jiangsu Sany Heavy Industry Tower Crane Co., Ltd.” project for producing special purpose vehicles, truck mounted cranes and other engineering equipment.
The construction of the project has two stages. At the first stage, Sany Mobile Cranes Company and Palfinger Asia Pacific Group totally invest over 141 million USD, including more than 47 million USD of registered capital, in the production of special purpose vehicles and other products. These products are widely applied in aerospace, transportation, civil engineering, municipal engineering, electricity, firefighting, mines, emergency rescue and other industries.
As for the project of Sany Palfinger Company, the manufacturing facility, office facility and auxiliary facilities cover a total area of 100000m2. Up to 50000m2 of combined workshop has been currently put into production. In 2015, the annual output value is predicted to reach over 78 million USD. In the next 5 years, the yearly production capacity is estimated to reach 10000 pieces, enabling the annual output value and annual profit to reach more than 470 million USD and 31 million USD respectively. Relying on the most sophisticated manufacturing technique, cutting-edge equipment and the highest product quality, Sany Palfinger will undoubtedly become the world's best manufacturer of special purpose vehicles.
At the second stage, Sany Palfinger focuses on the production of advanced engineering equipment and the latest engineering machinery developed by SANY Group. The construction site occupies an area of over 432900m2. The completion of the Sany (Rudong) Industrial Park will create 4000 jobs and realize an annual output value of over 1 billion USD. This park will be the highest-end equipment manufacturing base in the Yangtze River Delta in 5 years.
