# Sinotruk Hiab joint venture inaugurated in TaiAn, China

Sinotruk Hiab (Shandong) Equipment Co., Ltd, a 50/50 joint venture between Hiab (Cargotec) and China National Heavy Duty Truck Group, celebrated its official inauguration in TaiAn, Shandong province, China. The JV was established in November 2013.

- Type: New facility
- Announced: 2020-04-09
- Where: TaiAn, Shandong province, China, China
- Starts operating: 9 Apr 2020
- Status: completed
- Products: loader cranes, hooklifts, truck cranes
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Cargotec](https://endata.com/companies/1832.md) (investor)
- [Hiab](https://endata.com/companies/17730.md) (partner)
- [China National Heavy Duty Truck Group Co., Ltd](https://endata.com/companies/46459.md) (partner)

## Sources

- [manufacturing-journal.net](https://www.manufacturing-journal.net/press-release/2042-sinotruk-hiab-shandong-equipment-co-ltd-celebrates-the-official-inauguration-today), 2020-04-09: "Sinotruk's leading position in the Chinese truck market, together with Hiab's deep knowledge in load handling equipment forms an excellent product and technology match."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.