The Edge March 2014 | Page 14

Taiyuan Joint venture plant: Shanxi Hydra TMMG Mining Tools & Equipment International Ltd Joint venture foundry: SCW 山西太原 (Shanxi Province) Xuzhou ESCO foundry 江苏徐州 (Jiangsu Province) Shanghai 上海 China Administrative and Sales office Chengdu Supply and Service Location 四川成都 (Sichuan Province) By many, China is considered to be the largest and fastestgrowing market for construction equipment in the world, accounting for 33% of annual global construction machine sales [International Strategy and Investment, 2012]. And ESCO is poised and ready to capture the opportunity. In 1998, ESCO made its presence in China known with a single foundry and 200 craftsmen. The company has since grown its operations to include more than 675 people across four locations throughout the country. More importantly, ESCO is developing a strong and customer-focused organization to better serve distributors and OEMs in China. Percy Chang, Managing Director for ESCO Asia, has led the team since its inception 15