Terex closes manufacturing facility in China

Steve Filipov

In an exclusive interview with American Cranes & Transport, Filipov told the magazine that the plant closure falls in line with Terex Cranes’ recent restructuring, which has involved reducing its worldwide footprint as part of a strategy to allow new product development and accommodate lower demand.

Filipov also said that his team was evaluating the launch of the LC line of crawler cranes, which had been planned to be produced at the Jinan plant. Three prototypes of the first LC crawler, the 330 US ton (300 metric ton) capacity LC 330US / LC 300, have been produced so far.

“I’ve decided not to show the 330 on ConExpo,” said Filipov adding that he doesn’t feel the crane is 100% ready to be on show.

“Right now, the analysis is obviously focused around Oklahoma City where we have a lot of our product. But we have to go through that analysis, and we’ve got some work to do with that product. It was a tough decision to make, but in my mind it’s the right message to the market, that Terex Cranes is going to show a product that’s ready for prime time.”