Shantui Construction Machinery Co., Ltd. is a Chinese construction equipment maker, and a subsidiary of
Shandong Heavy Industry
Shandong Heavy Industry Group Co., Ltd. is a Chinese state-owned multinational heavy machinery and automotive manufacturing company headquartered in Jinan, Shandong.
Shandong Heavy Industry has four listed companies: Weichai Power (2338HK/000338 ...
. The core product line is bulldozers but in past years the company has expanded beyond reliance on a single product through an acquisition strategy.
Bulldozers
![Road construction process in Rwanda](https://upload.wikimedia.org/wikipedia/commons/0/0d/Road_construction_process_in_Rwanda.jpg)
The company is known as the bulldozer king in China, holding 40% of the domestic market in 2006.
The company went on in 2010 to become the largest producer of bulldozers, making over 10,000 units that year or 2 in 5 crawler-type dozers made in the world.
The next largest producer by number of units is
Caterpillar Inc.
Caterpillar Inc. (stock symbol CAT) is an American ''Fortune'' 500 corporation and the world's largest construction-equipment manufacturer.
In 2018, Caterpillar was ranked number 65 on the ''Fortune'' 500 list and number 238 on the Global ''Fo ...
Shantui has increasingly developed bigger dozers, capable of competing against the large products made by
Caterpillar Inc.
Caterpillar Inc. (stock symbol CAT) is an American ''Fortune'' 500 corporation and the world's largest construction-equipment manufacturer.
In 2018, Caterpillar was ranked number 65 on the ''Fortune'' 500 list and number 238 on the Global ''Fo ...
and
Komatsu. The upgrades to the Shantui dozer line was identified by the ''New York Times'' as one of the primary concerns for Caterpillar's business in Russia.
References
Construction equipment manufacturers of China
Companies based in Shandong
Companies established in 1980
Chinese brands
1980 establishments in China
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