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."

Prolift secures new warehouse
Prolift secures new warehouse 27 Feb 2025 - Dublin, Ireland - 1 min read
New facility cements Heli’s Canadian presence
New facility cements Heli’s Canadian presence 7 Nov 2024 - Ontario, Canada - 1 min read
Bobcat invests in Georgia headquarters
Bobcat invests in Georgia headquarters 16 Aug 2024 - Buford, GA, United States - 1 min read
Previously about:
KION narrows revenue forecast News Story - 8 Aug 2024 - Frankfurt, Germany - 1 min read
Linde brings two new models to US market News Story - 4 Jul 2024 - Summerville, SC, United States - 1 min read
Kion to manufacture FoxBots News Story - 9 May 2024 - Summerville, SC, United States - 1 min read
Do you have materials handling news? Submit your news here

Showcased in the Virtual Expo

Looking for ambitious dealers worldwide.

Your chance to join the leading forklift lithium battery brand is here.
Exclusive zones are waiting for you! Join BSLBATT's leading innovation in forklift lithium battery technology.
Join hands for success. Enjoy full support and huge profit potential.

Contact us now - www.lithiumforkliftbattery.com 

Words of support …

I know I can count on them. They give valuable suggestions on the campaign planning, and to publish content is as easy as abc, as they take care of the material layout and check links. This is a great support.

Annalisa Castellini, Marketing Manager - Bolzoni S.p.A.

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

Forkliftaction's JOB MARKET

Looking for ambitious dealers worldwide.

Your chance to join the leading forklift lithium battery brand is here.
Exclusive zones are waiting for you! Join BSLBATT's leading innovation in forklift lithium battery technology.
Join hands for success. Enjoy full support and huge profit potential.

Contact us now - www.lithiumforkliftbattery.com 

PREMIUM business

Yale Lift Truck Technologies
Yale offers a full line of forklifts to help customers adapt to today's demanding supply chain.

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

Forkliftaction's JOB MARKET

Transparent, effective, accountable. With Forkliftaction advertising you will know exactly what to expect before the start of your next campaign.

Tell us your objectives and we’ll propose a competitively priced, brand-centred campaign with your CPM* fixed at the campaign’s start. Geo-targeted campaigns available!

For audience statistics and a concise overview of our advertising offer DOWNLOAD our Media Kit.

* CPM = Cost-Per-Thousand impressions