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According to reports, Baotou Atlas Construction Machinery Co., Ltd., established in August 2003, is a joint venture between Baotou North Heavy Vehicle Co., Ltd. and Atlas, Germany. The company has a total investment of 650 million yuan to build a factory, of which North China National Heavy Duty Truck Co., Ltd. accounted for 75%, and Germany Atlas Company accounted for 25%.
The main products of the first phase of the project are 20- to 36-ton crawler-type hydraulic excavators. The annual output is planned to be 2,000 units. The annual output value will exceed 1.5 billion yuan and the profit will be 140 million yuan. Since its establishment, the company has attached great importance to technical research and talent reserve. It has hired more than 30 engineering and technical personnel with the domestic excavator industry and various colleges and universities and research institutes. The strong technical force and equipment have enabled the company to achieve mass production in just over a year. This year, 600 excavators will be completed and 1000 spare parts will be exported.
Batch production of Atlas excavator in Baotou, Inner Mongolia>
Recently, the first enterprise producing excavators in western China, Atlas Engineering Machinery Co., Ltd., Baotou City, Inner Mongolia, has realized the mass production of excavators.