Chinese company Liugong, best known as a major manufacturer of wheel loaders, has acquired a 42% share in mining truck manufacturer Beijing Capital Steel Heavy Duty Truck Co Ltd, a subsidiary of Beijing Capital Steel Mining Co. The deal is described as a strategic co-operation that will allow Liugong to add construction and mining trucks to its product portfolio. Liugong stated that it will participate in R&D activities, manufacture and sales of the trucks.
The product portfolio includes trucks with capacities from 32 t to 190 t, including the 45 t capacity GD3312. The parent company, Beijing Capital Steel, is a mining company with a 50-year history. In addition to truck manufacture, its activities include mining and mineral processing. Liugong makes wheel loaders which range up to the 888III, which has a 4.5 m3 bucket capacity and a weight of 29 t.
