KION opens plant in China

News Story
- 23 Dec 2021 ( #1057 ) - Jinan, China
1 min read
KION's new Chinese facilities
KION's new Chinese facilities

KION has opened a new counterbalance truck plant in the Chinese city of Jinan in Shandong province, at the same time laying the foundation stone for an additional plant for supply chain solutions in the immediate vicinity that will house a technology centre and state-of-the-art manufacturing lines.

"These new facilities will help the KION Group to forge ahead with its growth strategy in China and expand its product portfolio in both operating segments in one of the world's most important and fastest-growing markets for materials handling equipment," says group CEO Gordon Riske.

The total investment for the two future-oriented plants, plus an R&D centre and a technology centre, comes to around EUR140 million (USD160 million). The group plans to create more than 1,000 new jobs in Jinan in the medium term.

"The new forklift truck plant in Jinan is a decisive step in our 'Growing in China' initiative. China offers so much growth potential for us," says CP Quek, member of the executive board of KION Group and responsible for the ITS business in the Asia Pacific and Americas regions. "According to the World Industrial Truck Statistics (WITS), it accounted for around 40% of the global market for industrial trucks in 2020 in terms of unit orders. China also remains one of the world's most important growth markets. We want to harness the potential of this important market even more effectively, and significantly expand our position as a leading intralogistics supplier in China."

US expansion for Japan’s LexxPluss
US expansion for Japan’s LexxPluss 4 Apr 2024 - Fishers, IN, United States - 1 min read
Maersk opens new warehouse in Mexico
Maersk opens new warehouse in Mexico 4 Apr 2024 - Tijuana, Mexico - 1 min read
Ballard secures expansion grant
Ballard secures expansion grant 21 Mar 2024 - Rockwall, TX, United States - 1 min read
Previously about:
KION posts records FY earnings News Story - 7 Mar 2024 - Frankfurt, Germany - 1 min read
Kion launches new electric forklift range News Story - 29 Feb 2024 - Summerville, SC, United States - 1 min read
Still delivers Li-ion batteries to recycler News Story - 8 Feb 2024 - Hamburg, Germany - 1 min read
Do you have materials handling news? Submit your news here

Showcased in the Virtual Expo

With LogiMAT 2024 wrapped up, Forkliftaction is the place to catch up on all the highlights and product news from the show.

See the exhibitor highlights in our LogiMAT gallery,

Read our exclusive three-part LogiMAT 2024 coverage:
- Safety front of mind at LogiMAT
- Many paths to automation at Logimat
- Lower emissions a major focus at LogiMAT 

Words of support …

Undoubtedly, peer experience plays a crucially important role in our industry and it is extremely valuable for us to be part of the platform, where industry professionals, as well as end users can discuss and learn more about the materials handling world.

Alexandra Artemova, Marketing Specialist - Rocla AGV Solutions

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET

With LogiMAT 2024 wrapped up, Forkliftaction is the place to catch up on all the highlights and product news from the show.

See the exhibitor highlights in our LogiMAT gallery,

Read our exclusive three-part LogiMAT 2024 coverage:
- Safety front of mind at LogiMAT
- Many paths to automation at Logimat
- Lower emissions a major focus at LogiMAT 

PREMIUM business

RAEDER-VOGEL
Innovative high-quality wheels and castors for the forklift industry.

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET

Inside The News
This week we explore the various energy sources available for forklifts and other material handling equipment that were showcased at LogiMAT in Stuttgart... Continue reading

PREMIUM business

GemOne
Telematics for industrial fleets. Fleet & safety management solutions: track vehicles, boost efficiency, operate safer, & avoid unexpected downtime.

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET

With LogiMAT 2024 wrapped up, Forkliftaction is the place to catch up on all the highlights and product news from the show.

See the exhibitor highlights in our LogiMAT gallery,

Read our exclusive three-part LogiMAT 2024 coverage:
- Safety front of mind at LogiMAT
- Many paths to automation at Logimat
- Lower emissions a major focus at LogiMAT