Friday, September 11, 2015

Invested $ 60 million plant in the United States it is still staring at the

Photo: network

Chinese car company limited (hereinafter car) in United States, Massachusetts, setting up production bases in a groundbreaking ceremony was held on September 3, it was rail transportation equipment manufacturers in China for the first time in the United States and build factories.

Yu Weiping, Deputy Chief in the car in the United States, said: "the next 7 years, we invested $ 60 million to the land, built a 40-acre vehicle assembly plants, 150 local jobs, making 284 for the Boston Metro. "

On January 26 of this year, before the merger of CNR announced United States Boston's orange line subway project contract of 4.1 billion yuan, will be delivered to the Boston subway system consisting of 152 orange line vehicles, 132 total 284 metro cars, including a red line car.

Buy United States goods Act, government procurement 60% of the components must be in the United States, China to build plants in Massachusetts, locomotive production Assembly. Factory is expected to be put into production in 2018, will be finished in 2023, the delivery of all products.

This is expanded in United States key to the market. Xu Houguang, Deputy Director of the News Department told interface News: "the United States is a big market, United States rail mass transit subway, markets, markets and goods train locomotive has a great demand in the market. "

United States rail market as an example, the United States President Barack Obama in 2013, planning the construction of 6 high speed rail network, including Washington, Boston, Chicago to Detroit, St Louis and mingniannabolisi, Seattle to Canada Vancouver and Portland, there are lines, lines, lines in Florida, Texas, California.

Earlier media reports, China South locomotive to the United States planned California high-speed rail authority has submitted bid intentions, said Xu Houguang, Deputy Director of the News Department, there is still eyeing the project. Invested $ 60 million plant in the United States it is still staring at the California high-speed rail project

United States metro markets need extensive renovation. "Current United States Metro market suppliers from Japan and Europe, United States native no larger suppliers to supply subway cars. United States development early in some big cities, many of the vehicles, has more than 20 or 30 years, entering the peak of updates. "Xu Houguang said.

United States also have a greater demand for locomotives and freight cars. "The United States rail freight market is the largest market in the world, but the high threshold, and enterprises of local trucks and locomotives. Hope with all possible join in United States markets. "Xu Houguang news on the interface.

Yu Weiping, Deputy Chief of China in the United States said in a statement: "we (in the car) is already in our Massachusetts (MA), Chicago and other places to set up a company, direct services to the United States. We at United States local procurement of parts for the benefit of local; we need to come together to jointly develop third-party markets. "

Yu Weiping also announced that it and the United States build a welding research and Development Center at the University of Michigan, and the University of Illinois at Urbana-Champaign (UIUC) to build "Sino-American rail transport equipment joint research and Development Center" research frontier issues in railway traffic.

Interface News learned that on September 1 this year, sent a team to the United States for "high-speed rail dream tour" of marketing, including United States manufacturing base Foundation, Harvard, Colombia and other schools speaking tour, organizing pictures and documentary screenings, etc.

In China also set up factories in other countries to advance plans. Xu Houguang, Deputy Director of the News Department told interface news, currently Malaysia's factories were operating, under construction in Turkey and South Africa car factory, will be in Brazil, and Argentina considered the plant. "These relatively large size and needs of the market, to ensure that there is sufficient market orders to sustain production. "

Car has been expanding in overseas markets after the merger. Last year, overseas orders totaling more than $ 6.7 billion. According to reports, international business performance in the first half of this year grew by 60.95%.

Germany SCI company's report this year, the global railway market capacity of 162 billion euros (about 1,147,835,000,000 million), is expected to grow at an annual rate of 3.4% in the future, to € 190 billion in 2018, while China only accounted for around 15% in overseas markets and there is a huge space for development.

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