cranes & access Kran & Bühne Vertikal Days
AFI Resale
Haulotte - PULSEO Génération
Outrigger Pads
JMG
SkyKing
Trillium | Trojan Battery Company
inspHire
KATO
TVH Training
CPS Lift
Vertimac
Brennero
DingLi
Vertikal.net > News > Story
E-mail this page to a colleague Print this page
Tadano
Bronto Sky Lift

ZF forms Chinese JV

24. July 2014 | Comments (0)

German driveline manufacturer ZF Friedrichshafen, has opened a new facility in Luoyang, China after forming a joint venture with component manufacturer YTO.

YTO currently produces about 80,000 agricultural axles a year. The joint venture will see ZF and YTO produce tractor steering axles for vehicles from 25 to 230hp with the company claiming that by 2020 one in four tractor steering axles for 80 to 125hp tractors on the world market will originate from ZF and YTO.

Wilhelm Rehm, a member of the ZF management board, said: “China is one of our most important markets, we generate about 12 percent of the group revenues in this region, in fact almost €2 billion.”

ZF established its first Chinese business relationship back in the 1980s. Today, the company employs more than 5,700 staff at its 23 production facilities throughout China.
Falcon Lifts

Comments

Register today in order to add your own comment, it barely takes a minute. Click here to register

There are no comments.

LATEST NEWS

MOST WIDELY READ NEWS

WORLD TIME

AJ Access Platforms
Height for Hire
New 18.40 RXJ True Hybrid Compact
Bravi Platforms
AB 2000 Glasgow Plant and Crane Hire Specialists
Liebherr UK Training
Dino LIft
niftylift
Planet Platforms
JLG
MCS
Jekko
CTE
CMC
JMS Plant Hire

Click here to order your free access catalogue

Top Service Ltd - Specialist Credit Reference Agent

News Now

Mobile Website© 2001-2018 Vertikal Press Website developed by zephir.ch
Holland Lift / Hovago
Weiter ...