Sany Sails Into Global 500.

China’s Sany Heavy Industry has just made it onto the Financial Times Global 500 list, the company’s first official placement among the globe’s largest firms.The news reflects Sany’s efforts to expand its operations in Europe and the United States.

“We at Sany America are quite pleased that our parent company has made it to the FT Global 500 list,” proclaimed Sany America President Jack Tang. “Presently, we rank 431st on the list and we project that placement to move much, much higher as our new R&D and manufacturing facility comes online in Peachtree City, Georgia."

In the U. S., Sany Heavy Industry subsidiary SANY America, Inc. has mostly completed construction of a $60 Million corporate headquarters. The new site in Peachtree City, Georgia, will include SANY America’s research and development team as well as a 360,000 square foot manufacturing footprint for high-end concrete pump trucks and crawler cranes.

“Sany has the formula for success in the American heavy equipment industry,” crowed Greg Trainer, Vice President of SANY America’s Crawler Crane Division. “Within the next three to five years, we believe we could move into the top 100 companies measured in terms of market capitalization,” Trainer added, noting that Sany has grown 50 percent a year for the past 10 years.

Since entering the heavy equipment market in 1994, SANY has grown from a small welding material supplier to a full-sized heavy equipment manufacturer with capitalization of nearly $21.6 billion.