Heavy Industrial firm acquires leading tunnel borer company

Date : 2016-07-06  | From : Chinadaliy

The Northern Heavy Industries (Group) Co, in the city of Shenyang, Liaoning province, has announced the acquiring of a 60-percent share of the Robbins Co, an underground construction machinery company in the United States, and held a closing ceremony in Shenyang, on June 28.

Robbins, which has 60 years of experience, produces efficient tunnel boring machines and has been involved in hundreds of tunnel boring projects around the world, giving it a large market share of the industry.

Northern Heavy Industries is a leader in its field in China's Northeast and has been improving its technology and increasing its market share in recent years and globalization has helped speed up its acquisition of Robbins. It also acquired France's NFM Technologies Co in 2007, which helped strengthen its tunnel boring R&D and give a boost to Shenyang, an old industrial base.

Northern Heavy Industries has obtained about 200 patents in developing its own technology and has developed about 200 new machines to fill a gap in China industries and has exported many of its machines to more than 30 countries and regions worldwide.

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