Tadano invests to increase production
18 April 2008
Japan: Tadano is to invest Yen7.5 billion (US$ 63 million) in new manufacturing facilities and refurbishing existing plants in Japan. The investment program is part of a four year plan to establish a new crane production structure that will allow a 30% or more increase in overall production volumes. The plan will involve investments at plants in Shido, Takamatsu and Tadotsu, Japan.
Tadano also announced it will invest $10 million in its joint venture company in China to strengthen its competitiveness in the Chinese market and to establish the Tadano brand in a leadership position in the truck crane market.