In 2010, Shantui produced two out of every five crawler-type dozers in the world, more than 10,000 units. Global production for the same year was 24,600. Its nearest rival, Caterpillar, produced 6,400 units. Off-Highway Research, a leading independent construction equipment industry consultancy, compiled the statistics.
"We are pleased to receive independent verification of our success," said Richard Li, VP for International. "It is gratifying to see our investments pay off so handsomely, especially in the face of established competitors. Our combination of performance and great value is producing a winning strategy for us globally."
Shantui isn't just an assembler of dozers; it is a true manufacturing powerhouse. Shantui produces the lion's share of the components that go into its dozers, even supplying parts to many of its competitors. Shantui's end-to-end manufacturing offers better value to its customers, and insures a high level of quality.
Shantui's line of dozers is highly diversified with many specifically designed for swamps, deserts, highlands, power plants, forestry and landfill applications.
Becoming the world's largest producer of bulldozers is just the latest of Shantui's milestones. In 2010, Shantui surpassed revenue of $2billion. In 2011, it started producing the first brand-name dozer made by a Chinese manufacturer to pass European and American emissions and safety standards.