Consolidating its position as a leading manufacturer of concrete machinery equipment, Sany Group looks forward to being a role model in the heavy machinery domain.The Sany Group finds its origins in Lianyuan Welding Material Ltd, a company found in 1986. The company was officially renamed Sany Group Co Ltd in 1991 and its headquarters were officially moved to Changsha. Sany Heavy Industry Co Ltd was formed as a sunsidiary of the Sany Group in 1994 and went public on the Shanghai Stock Exchange on July 3, 2003. Today, the company has emerged as a world leader in concrete pumping technology. Since its humble start, the company has grown into a global corporation with 5 industrial parks in China, 4 R&D manufacturing bases in the USA, Germany, India and Brazil and 21 sales companies around the world. The company employs over 70,000 employees in more than 150 countries. The company’s export revenues today have exceeded $1 billion.Records par excellenceThe Sany Group ranks 6th among the top 50 global construction machinery manufacturers In 2007 and 2009, Sany Heavy Industry’s self-developed 66m and 72m concrete pump trucks created Guinness World Records twice as the concrete pump with the longest boom. Sany Heavy Industry rolled out its 86m concrete pump truck on September 19th, 2011 off the production line. Sany has also achieved the record of being listed among the world’s top 500 companies in China’s construction industry. Towards the mid of last year, the British newspaper Financial Times released the 2011 list of the world’s 500 most valuable companies (FT Global 500) ranked by market capitalization. Sany Heavy Industry was put on the list of FT Global 500 for the first time, ranked 431st, with a market cap of 21.584 billion US dollars.Research & DevelopmentThe Sany Group re-invests 5-7 percent of its sales revenue into its R&D initiatives. This has made it possible for the company to expand its product lines into concrete, road, hoisting, pile driving, excavating machineries and wind energy products. The company has its own General Research Institute, which is the primary R&D department for technical research and technical management. The institute focuses on research and development of frontier technologies and future-oriented products, aiming to build up a core competitive edge. The General Research Institute has lent world-class quality to Sany products by providing outcomes of researches on fundamental technology through improvement and upgradation of the existing technologies.The company also operates the Central R&D Institute which owns 8 sub departments, including Director’s Office, Research Management Department, Technical Standardization Department, IPR Department, PDM Management Department, Experiment & Testing Center, Industrial Design Center, and Human Resources Department, and it is in charge of the management of Post-doctoral Research Station and Academician & Expert Workstation. The institute is also responsible for developing technology applicable to Sany all products, conducting forefront technical research on new products and setting standards; researching vibration, impact, noise, hydraulic technology, power matching and energy saving, new materials and control systems, creating innovative technologies and conceptive products and building up a network-based special and generalized platform for experiments and tests so as to share general experiment and test results.VenturesAcquisition of Putzmeister : A major achievement of Sany Group has been to purchase Putzmeister of Germany, the world’s leading concrete machinery company. The purchase was completed by Sany alongwith the Citics Private Equity Funds Management. A 90 percent stake in the venture is held by Sany while the rest is held by Citics. The deal was approved by the Chinese and German governments. The global headquarters for Sany’s construction machinery business will be located at Aichtal, Germany where Putzmeister’s offices are located, except for the company’s headquarters in China. A dual brand strategy approach will be adopted by Sany in the future wherein Sany will be in charge of the market at home while the overseas market will be taken care of by Putzmeister. Commenting on the acquisition, Richard Deng, Managing director, Sany Heavy Industry stated, “the acquisition is a strategic move made by Sany to upgrade the concrete machinery industry to a new high. This will ensure that we are not competitors struggling against each other for customers and market share.”Joint venture between Sany and Palfinger : Sany Heavy Industry Co and Palfinger, the world’s biggest manufacturer of truck-mounted cranes will be investing $143 million in a joint venture for the manufacture of sale of mobile cranes. To be named Sany-Palfinger SPV Equipment Ltd Co, the new venture will be based in Changsha in the Hunan province of central China. The China based venture will manufacture and sell Palfinger knuckle boom cranes in China. Around $ 5.4 million will be invested by both the companies for setting up a sales unit in Salzburg in Austria, where Palfinger is headquartered. The Salzburg based venture will be named Palfinger-Sany Mobile Crane International Sales Co. Ltd and will distribute wheeled mobile cranes produced by Sany in Europe, America and the Commonwealth of Independent States like Russia. The China venture is set to be operational by 2013 while the sales unit in Salzburg is expected to start operations by year-end.Sany in IndiaSany Heavy Industry India has a state of the art manufacturing facility in Chakan near Pune in the Western Indian state of Maharashtra. It has been set up on an area of 330,000 sq feet and a built up area of 37,000 sq meters. The facility comprises of a comprehensive manufacturing set-up, a product design and customization center sales, renting, service, storage, logistics and a fully fledged R&D centre. The company’s Indian unit manufactures trailer-mounted concrete pump, truck-mounted concrete pump, concrete mixer truck, concrete batching plant and motor grader and cranes. The Indian plant is the company’s second manufacturing facility in Asia. The Indian facility has been designed to create and develop new construction machinery technologies and customize them for suiting specific Indian market conditions. The company intends to supply equipments, components, design and R&D to the Indian marketplace and additional Asian African and Middle Eastern markets.Sany Heavy Industry India announced inauguration of its first integrated crawler crane production line at Chakan. The plant is set to cater to India’s burgeoning market for heavy construction equipment and will substitute the import of crawler cranes from China.Sany made a foray in India in 2003 and since then has been involved in supplying construction machinery to large scale infrastructure projects in India which comprise of Imperial Twin Towers, Adani power plant, Mumbai International Airport expansion, Brahmaputra rail bridge project, Delhi Metro project, Indira Gandhi International airport project.The potential for Sany in the Indian heavy construction machinery domain can be gauged from the fact that the Indian earthmoving and construction equipment industry’s revenue between 2004 and 2007 grew at 40 percent each year. The figure touched $2.3 billion in 2007. It is expected to reach USD 12-13 billion by 2015.After-sales supportSany India has established 6 regional offices and 18 service stations, recruited expert team of more than 40 persons including 11 Chinese experts for crawler crane. Sany has designed and acquired several service vans equipped with testing, and repairing apparatus. Sany has warehouses in different locations like Mumbai (main warehouse), Delhi, Kolkata, Chennai, Hyderabad, Bangalore, Panvel, Nagpur, Ahmedabad, etc, where all the spare parts are stored which makes it easy and less time consuming for parts supply. Big warehouses in all the major cities have stock of 7000 types of spares worth over 30 crores. To ensure least down time, Sany provides 24 x 7 service and parts support to its customer in India.Under the guideline of “swift and responsible”, Sany periodically undertakes value-added activities, such as free machine health check-up and technical up gradation, and, also provides training to all levels of people including customer operators and site supervisors. The whole system ensures that their machines have least downtime & provide maximum reliable performance.AwardsIn June 2010, Sany Heavy Industry Co Ltd was awarded as China’s best service supplier by the Chinese Ministry of Commerce, becoming the only enterprise that had got the prize in China’s engineering machinery industry. The technical and innovation platform of Sany Heavy Industry won the “National Science and Technology Advancement Second Prize” of 2010. Sany is the first company from the engineering machinery industry in China to win this award. So far, only 21 companies have won this award.The Sany SY2000C Excavator, SY5382THB46 truck mounted concrete pump, the SCC 10000 crawler crane and SR360 rotary drilling rig were selected for the annual China Construction Machine’s top 50 in 2008.Sany Group has also made it to China’s top 500 worldwide brands list “Heavy Industries Global Brands”2008. This list was selected by the General Assembly world-renowned brand, World Brand Organization, The United States, China General Chamber of Commerce, Trade and Investment and the Universal City TV Stations’ Research Center of World Enterprises. The Beijing International Construction Machinery Expo Committee granted a Principal award of quality appearance to Sany’s SANYSY215C-9 crawler excavator at the tenth Construction Machinery Frame & Quality Appearance Competition. A recognition award was also given to the SANYSR250 hydraulic rotary rig. The sixth annual Mondale World Management Achievement award was given to Sany Group Chairman Liang Wengen for the second time in 2009. Sany also made the list of the top 50 globally competitive Chinese companies of 2009 which was released by entrepreneur magazine and Roland Berger Strategy consultants.CSR initiativesThe company has always believed in serving the community in which it exists and a commitment to making maximum contribution to the society. The company regularly undertakes activities like blood donation camps, tree planting and donating study materials to underprivileged school children. Sany also has planned to construct a temple for the village near the manufacturing facility and donated computer to schools in rural locations.