What is construction machinery

XCMG is Chinese leading construction machinery producer. XCMG history: it was born in 1943. XCMG products: XCMG covers cranes, loaders, digging machinery, earth moving equipment, mining equipment, port machinery, concrete machinery, special vehicles, etc.

How much is XCMG equipment? Is XCMG a good brand? What is XCMG? XCMG is short for “Xuzhou Construction Machinery Group”, which was made in Xuzhou city, China, its original name was called “Huaxing iron factory”, and was assembled by some construction machinery factories in 1989 as XCMG group.

In 2005, due to the bad management, XCMG faced a big issue of fund crisis. Against this background, USA Carlyle Capital applied to buy XCMG with only US$375 million which was taken very low price. Many of the construction experts opposed this, and finally XCMG refused the price.

Afterwards, XCMG adopted different strategies, including strengthening technological innovation and management, and attracting foreign investment These measures helped XCMG successfully save itself and eventually became one of the top three companies in the global engineering machinery industry.

In 2021, XCMG jumped to third place on the list of the world’s top 50 construction machinery companies, becoming the only Chinese company to enter the top three in the world. Now XCMG is controlled by Chinese state company, and leader in construction industry.

Till now XCMG company has developed to a large group, including many son branches like XCMG construction factory, XCMG crane factory, etc, and in foreign markets, XCMG developed like XCMG north America, XCMG Saudi Arabia factory, XCMG Brazil etc.

XCMG products: XCMG products cover cranes, loaders, digging machinery, earth moving equipment, mining equipment, port machinery, concrete machinery, special vehicles, etc. Among XCMG equipment, XCMG excavator, XCMG loader, XCMG road roller, XCMG crane, XCMG skid steer etc are most popular in foreign markets.

XCMG prices: XCMG has more than hundreds models equipment, and prices varies from small to large with different configurations.

Below are some models prices for reference: XCMG excavator price: XCMG XE27U price: US$16,200.00 XCMG XE35U price: US$18,000.00 XCMG XE215C price: US$65,000.00 XCMG XE60GA price: US$: 19,800.00

XCMG wheel loader price: XCMG ZL50GN price: US$39,800.00 XCMG LW500 price: US$34,500.00

XCMG backhoe price: XCMG WZ30-25 price: US$30,000.00 XCMG XC870K price: US$39,800.00

XCMG grader price XCMG GR135 price: US$42,000.00

XCMG road roller price: XCMG XS143J roller price: USD 29,500.00

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Chinese TOP 10 construction machinery factory: (based on 2023 data.) No.1: Sany group. No.2 Hengli hydraulic, No.3 XCMG, No.4: zoomlion No.5 : Zhejiang Dingli. No.6: Hangcha group, No.7: Heli forklift. No.8: Liugong No.9: Lonling No.10: Shantui