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{{Infobox company
| name = Sany Heavy Industry Co., Ltd.
| logo =
| type = [[Limited company]]
| traded_as = Sany Heavy Industry Co Ltd (600031.SS)<ref>[https://www.reuters.com/finance/stocks/overview?symbol=600031.SS Reuters] retrieved 5 February 2012</ref>
| predecessor =
| successor =
| defunct =
| fate =
| area_served = Worldwide
| key_people = Liang Wengen (Chairman)
| industry = [[Heavy equipment]]
| genre =
| products =
| services =
| revenue =
| operating_income = [[Renminbi|RMB]] 70 billion (2016)<ref>[http://www.sanyexcavator.com/ Key Figures]</ref>
| net_income =
| aum =
| assets =
| equity =
| owner =
| num_employees = Approximately 90,000<ref>[http://www.sanyexcavator.com/ Sany Group website, diversity]</ref>
| parent =
| divisions =
| subsid = [[Putzmeister]]
| footnotes =
| homepage = {{URL|http://www.sanyexcavator.com}}
{{URL|http://www.sanyglobal.com}}
| caption =
| foundation = {{Start date|1989}} (Maotang, [[Lianyuan]], [[Hunan Province]])
| founders = [[Liang Wengen]], Tang Xiuguo, Mao Zhongwu, Yuan Jinhua
| location_city = [[Changsha]]
| location_country = [[China]]
| ___location =
| locations =
}}
{{Chinese|c=三一重工股份有限公司|p=Sānyī Zhònggōng Gǔfèn Yǒuxiàn Gōngsī|l=Sany Heavy Industry Co., Ltd.}}
'''Sany Heavy Industry Co., Ltd.''' (<!-- {{SSE|600031}} -->) is a Chinese [[Multinational corporation|multinational]] [[heavy equipment]] manufacturing company headquartered in [[Changsha]], [[Hunan Province]]. It is the sixth-largest heavy equipment manufacturer in the world,<ref>KHL Group. [http://www.khl.com/videozone/item72304/ International Construction's Yellow Table 2012]</ref> and the first in its industry in China to enter the [[FT Global 500]]<ref>{China Construction Machinery Business Online. [http://www.cmbol.com/news/detail/2011/07/2011070414373752.shtm Sany enters into FT Global 500 becoming first in Chinese Construction Machinery Industry]</ref> and the [[Forbes Global 2000]]<ref>{{en icon}} Forbes magazine. [https://www.forbes.com/companies/sany-heavy-industry/ Sany Heavy Industry section]</ref> rankings. Its founder and main shareholder is [[Liang Wengen]].<ref>Forbes magazine. [https://www.forbes.com/profile/wengen-liang/ Forbes Magazine's List of Billionaires: #113 Liang Wengen]</ref>
三一重工(三一重工股份有限公司)(SANY Heavy Industry Co., Ltd)
は[[中華人民共和国]][[湖南省]][[長沙市]]を本拠地とする重工業を営む企業である。。
[[フィナンシャル・タイムズ・グローバル500]]や[[フォーブス・グローバル2000]]にリストアップされた、世界で六番目に大きい重工業企業である。
{{仮リンク|Liang Wengen|label=梁稳根|en|Liang_Wengen}}氏が創業者あり当社の筆頭株主である。
Sany has a dozen industrial parks in China plus manufacturing facilities in [[Brazil]], [[Germany]], [[India]], [[Indonesia]] and in the [[United States]].<ref>{{en icon}} Bloomberg. [https://www.bloomberg.com/news/2011-12-06/sany-eyes-plants-in-10-countries-as-china-excavator-demand-slows.html Sany eyes plants in 10 countries as China digger sales slow]</ref> The company has approximately 90,000 employees worldwide.<ref>{{en icon}} Sany Group website. [http://www.sanyexcavator.com/about-sany/index.html Corporate Overview]</ref>
三一重工は中華自民共和国内の拠点に加えてブラジル、ドイツ共和国、インド、インドネシア、アメリカ合衆国に生産施設を持っている。
全世界でおよそ9万人の従業員を雇用している。
== Name, logo and motto ==
The name "Sany" comes from the English pronunciation of the [[Chinese language|Chinese]] name of the company ({{zh|c=三一|hp=Sānyī}}), which means "three ones", in reference to the three goals the company mentions as its vision: "To build a first-class enterprise, to foster first-class employees, and to make first-class contributions to society". The logo of the company makes reference to this phrase, as it contains three number ones interlinked.
== History ==
[[File:2013_SANY_SY306C_Concrete_Mixer_Truck.JPG|thumb|A 2013 SANY SY306C Concrete Mixer Truck]]
[[File:Concrete pumping in Jyväskylä2.JPG|thumb|A Putzmeister concrete pump in operation]]
The origins of Sany lie in Lianyuan Welding Material Ltd, a company founded in 1986 by [[Liang Wengen]], Tang Xiuguo, Mao Zhongwu and Yuan Jinhua, who left their previous jobs and first established the company with a capital of sixty thousand yuans in the town of Maotang, [[county-level city]] of [[Lianyuan]].<ref>{{zh icon}} Baike Baidu. [http://baike.baidu.com/view/58678.htm Liang Wengen article]</ref>
In 1991 Lianyuan Welding Material Ltd. was officially renamed Sany Group Co., Ltd. and its headquarters were officially moved to Changsha. Since then, the company has experienced continuous rapid growth (at an annualized rate of around 50%), spurred by [[Economy of China|China's economic boom]], specifically growth in its construction sector.
Sany Heavy Industry Co., Ltd was founded in 1994 as a subsidiary of the Sany Group. Sany Heavy Industry went public on the [[Shanghai Stock Exchange]] on July 3, 2003. In June 17, 2005, the company conducted the split share structure reform and realized full circulation of its shares. After this event, its [[Market capitalization|market cap]] started growing at a very fast rate, jumping from a total of RMB 4 million yuan in 2005 up to a total of RMB 137 million yuan in June 2011.<ref>{{en icon}} Resale Weekly Blog. [http://www.resaleweekly.com/blog/?p=2046 Sany Heavy Industry Listed in 2011 FT Global 500]</ref>
Since its foundation, the headquarters of Sany have received official visits from several [[Politics of the People's Republic of China|political leaders]], including [[Hu Jintao]] and [[Wen Jiabao]].<ref>[http://www.sanyexcavator.com/about-sany/index.html About Sany Heavy Industry Co., Ltd.]</ref>
In 2010 the operating income of Sany reached just under 34 billion RMB, a 79% year-on-year increase.<ref>{{zh icon}} Chinese Stock Information website. [http://www.chinesestock.org/shlistd.asp?id=600031 Sany Heavy Industry Co, LTD. Information]</ref>
During the [[2010 Copiapó mining accident]], a crane manufactured by SANY was used in rescuing the Chilean miners.<ref>{{cite news| url=https://blogs.wsj.com/chinarealtime/2011/03/22/china-concrete-pumper-gets-into-japannuclear-effort/?mod=WSJBlog&mod=chinablog | work=The Wall Street Journal | title=China Concrete Pumper Gets Into Nuclear Effort | date=22 March 2011}}</ref> A pump from the company was donated to the [[Tokyo Electric Power Company]] to assist with the emergency response to the [[Fukushima I nuclear accidents]].<ref>http://news.xinhuanet.com/world/2011-03/19/c_121207301.htm</ref>
In 2011, Sany signed several contracts to open new manufacturing centers, the most important of them include the [[Zhuhai]]<ref>{{en icon}} CapitalVue News. [http://www.capitalvue.com/home/CE-news/inset/@10063/post/1244381 SANY Group To Invest 10B Yuan In Zhuhai]</ref> and [[Lingang New City]]<ref>{{en icon}} CapitalVue News. [http://rightsite.asia/en/article/deals-worth-us18b-signed US$1.8 billion in deals signed for Shanghai Lingang Industrial Park]</ref> centers, and the fifth international equipment plant in [[Indonesia]], the latter with an investment of US$200 million.<ref>{{en icon}} Bisnis Indonesia. [http://www.bisnis.com/articles/chinas-sany-to-build-us$200-million-plant-in-indonesia China's Sany to build US$200 million plant in Indonesia]</ref>
In January 2012 Sany agreed to acquire a 90 per cent stake in [[Putzmeister]], a Germany-based manufacturer of concrete pumps, for €324 million, with Citic PE Advisors (Hong Kong) Ltd. agreeing to purchase the balance of 10 per cent.<ref>{{en icon}} Bloomberg. [https://www.bloomberg.com/news/2012-01-30/sany-citic-to-pay-471-million-for-german-cement-pump-maker-putzmeister.html Sany, Citic to Pay $475 Million for German Cement-Pump Maker Putzmeister]</ref>
In February 2012, Sany and [[Austria]]-based [[Palfinger]] announced a market venture to make and sell mobile cranes, a project with a total investment of $143 million, plus the construction of a sales unit in [[Salzburg]] for $5.4 million.<ref>{{en icon}} Bloomberg. [https://www.bloomberg.com/news/2012-02-28/sany-to-invest-143-million-in-mobile-crane-jv-with-austria-s-palfinger.html Sany to Invest $143 Million in Mobile Crane JV With Austria’s Palfinger]</ref>
In 2012, through affiliate Ralls Corp., Sany acquired four wind farm projects in [[Oregon]]. Later in the year, though, the [[Barack Obama|Obama Administration]] ordered the wind farms divested after it was determined their ___location next to the [[Naval Weapons Systems Training Facility Boardman|Naval Weapons Systems Training Facility in Boardman, Oregon]] represented a national security risk. The divestiture—the first of its kind since 1990—was ordered by the US [[United States Department of the Treasury|Treasury Department]], which chairs the interagency [[Committee on Foreign Investment in the United States|Committee on Foreign Investment]].<ref>Banerjee, Neela, and Don Lee, [http://www.latimes.com/news/custom/la-na-china-wind-farms-20120929,0,5616624.story "Obama blocks Chinese firm's Oregon wind farm projects"], LA ''Times'', September 29, 2012. Retrieved 2012-10-02.</ref>
In 2014, Sany's [[Huerfano River Wind Farm]] was acquired by Tamra-Tacoma Capital Partners. Tamra-Tacoma Capital Partners and Sany soon after announced plans to construct 1 [[gigawatt]] of wind infrastructure in the United States. The Huerafano acquisition marked Sany's first partnership with a U.S. mainland investment firm. Tamra-Tacoma Capital Partners initiated litigation against Sany America on August 31, 2016 alleging Sany fraudulently misrepresented the plant's production and had no maintenance program, leaving the asset "worthless" according to the complaint. On February 6, 2019 the case was settled and subsequently dismissed with prejudice.<ref>PACEMonitor. [https://www.pacermonitor.com/public/case/19052415/TTCP_Energy_Finance_Fund_II,_LLC_v_Ralls_Corporation_et_al TTCP v Sany/Ralls]</ref>
In March 2017, Sany and [[Star Energy]] announced plans to construct 1 [[gigawatt]] of wind infrastructure in the United States.<ref>Wind Power. [http://nawindpower.com/sany-star-energy-plan-1-gw-north-american-wind SANY, Star Energy Plan 1 GW of North American Wind]</ref>
== Operations ==
{{Multiple image
| align = right
| direction = vertical
| width = 180
| image1 = Sany Heavy Industry 3.jpg
| caption1 =The Sany factory in [[Loudi]], [[Hunan]] province
| image2 =Putzmeister Aichtal.jpg
| caption2 = The headquarters of Sany subsidiary [[Putzmeister]], in [[Aichtal]], Germany
}}
Sany Group is organised into the following major divisions and subsidiaries:
* '''Concrete Pump division''', based in [[Changsha]], includes the [[Concrete pump|truck-mounted concrete pumps]], [[Concrete pump|stationary concrete pumps]], [[concrete mixer]]s, [[concrete plant]]s, etc.
* '''Road construction division''', also based in [[Changsha]], with the [[Paver (vehicle)|paver]], [[Road roller|roller]] and [[grader]] as their main products.
* '''Port machinery division''', originally based in [[Changsha]] but moving to the new facilities in [[Zhuhai]], providing [[Reach stacker|reachstackers]], empty container handlers, [[Gantry crane|Ship-to-shore cranes]], [[Rail Mounted Gantry|rail-mounted gantry cranes]], [[rubber tyred gantry crane]]s, in between others.
* '''Mobile crane division''', based in [[Ningxiang|Ningxiang City]], [[Hunan]], in charge of [[Crane (machine)#Truck-mounted crane|truck-mounted cranes]], [[Crane (machine)#Rough terrain crane|rough terrain cranes]] and [[Crane (machine)#All terrain crane|all-terrain cranes]].
* '''Sany Electric Co., Ltd.''' in [[Beijing]], more specifically in [[Changping District]], is in charge of [[Wind power|wind power machinery]] products.
* '''Sany Heavy Machinery (Beijing) Co., Ltd.''' also located in [[Changping District]] manufactures [[pile driver]]s.
* '''Sany Heavy Machinery (Kunshan) Co., Ltd.''', in the city of [[Kunshan]] is the unit in charge of [[excavator]]s.
* '''Sany Heavy Equipment Co., Ltd.''', located in [[Shenyang]], and producing [[Coal mining|Coal mining machinery]].
* '''Sany Science and Technology Co., Ltd.''', based in [[Shanghai]], and producing [[Crane (machine)|crawler cranes]].
== NASCAR sponsorship ==
[[File:Dave Blaney, 2013 STP Gas Booster 500.JPG|thumb|The #7 SANY-sponsored Chevrolet at [[Martinsville Speedway]] in 2013.]]
Sany sponsored the [[Tommy Baldwin Racing]] #7 driven by [[Dave Blaney]] in the [[NASCAR]] [[Sprint Cup Series]] in 14 races in 2013, while also serving as associate sponsor for 22 races.<ref>{{cite web|last=Buchanan|first=Mary Jo|url=http://www.speedwaymedia.com/?p=54356|title=NASCAR Has the Most Interesting Sponsors In Sports|publisher=Speedway Media|date=2 February 2013|accessdate=14 November 2013}}</ref>
==References==
{{reflist}}
<!--
==External links==
{{Portal|China|Energy}}
{{Commons category|Sany Heavy Industry}}
* [http://baike.baidu.com/view/462753.htm Baidu article about Sany Heavy Industry Co., Ltd.]
* [https://www.bloomberg.com/apps/quote?ticker=600031:CH Bloomberg's Stock Quote & Analysis: Sany Heavy Industry Co., Ltd.]
{{Heavy machinery manufacturers of China}}
[[Category:Sany| ]]
[[Category:Engineering companies of China]]
[[Category:Mining equipment companies]]
[[Category:Wind power in China]]
[[Category:Multinational companies headquartered in China]]
[[Category:Companies based in Changsha]]
[[Category:Companies established in 1989]]
[[Category:1989 establishments in China]]
[[Category:Chinese brands]]
{{Reflist}}
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