Kalmar RTG production to be relocated from Shanghai multi-assembly unit to joint venture Rainbow-Cargotec Industries (RCI)

Aug 22, 2013

Kalmar, part of Cargotec, will relocate the production of rubber-tyred gantry cranes (RTGs) from Cargotec Industries (China) Co., Ltd., (CICL) Shanghai multi-assembly unit (MAU) to Rainbow-Cargotec Industries (RCI).

This measure is a continuation of the process started in July 2011, when Cargotec announced plans to establish a joint venture with its long-time partner in China, Jiangsu Rainbow Heavy Industries. The RCI joint venture is now fully operational and has shipped the first RTG cranes from its new state-of-the-art facility in Taicang, Jiangsu province. RCI employs approximately 280 people.

By taking measures to create a cost-efficient product and production set-up for the future, Kalmar also wants to ensure the long-term competitiveness of its RTG business globally.

The RTG production relocation is planned to be completed by the end of September 2013. Based on the current estimate, this would affect 105 positions in Cargotec Industries (China) Co., Ltd./MAU Shanghai.

For the full story: Log In, Register for Free or Subscribe