Metso Establishes Joint Venture
- Published: Monday, 07 April 2014 13:51
Metso Minerals has entered into a 50-50 joint venture with LiuGong that will be headquartered in Shanghai. LiuGong-Metso will combine Metso’s know-how in track-mounted crushing, screening and technology with LiuGong’s extensive distribution and manufacturing resources in China. LiuGong-Metso will design and manufacture localized versions of Metso’s Lokotrack mobile crushers and screens under dual branding: LiuGong Metso. The joint venture will also promote Metso’s global track-mounted crushing and screening equipment in China. Founded in 1958 in Liuzhou, China, LiuGong Group Corp. Ltd. is one of the largest wheel loader manufacturers in the world.