ZF and XCMG Form Joint Venture to Advance Agricultural Machinery Technology
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New joint venture to advance agricultural machinery in China
ZF and XCMG Construction Machinery have signed a joint venture agreement to strengthen their collaboration in the agricultural machinery sector. The new company, ZF (Xuzhou) Machinery, will be headquartered in the Xuzhou Economic and Technological Development Zone in Jiangsu Province, China. The joint venture will focus on the production of advanced powershift driveline systems for agricultural machinery, and will combine global technology stand…
ZF and XCMG Form Joint Venture to Advance Agricultural Machinery Technology
ZF Friedrichshafen AG and XCMG Construction Machinery Co., Ltd. have signed a joint venture agreement aimed at strengthening their cooperation in the agricultural machinery sector. The agreement was signed in Friedrichshafen, Germany, and marks a significant step in expanding the long-standing strategic partnership between the two companies. The new joint venture, ZF (Xuzhou) Machinery Co., Ltd., will be headquartered in the Xuzhou Economic and …
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