Demag Cranes & Components, the German manufacturer of hoists and overhead travelling cranes, has opened a new crane assembly factory in Vietnam with its joint venture partner.
MHE-Demag Vietnam Company Ltd is a division of MHE-Demag, which is a 50/50 joint venture between Demag and Jebsen & Jessen (SEA) Pte Ltd.
The new Vietnam factory is in Binh Duong Province in the Vietnam-Singapore Industrial Park (VSIP).
MHE-Demag already has overhead crane building factories in Singapore, Malaysia, the Philippines, Thailand and Indonesia.
