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Background of the National Auto Policy | Shacman Factory Blue 6×4 Tractor Truck

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"Our fleet had an average age of more than 18 years, and before September of 2017, Tank-Weld last purchased a new heavy-duty truck in 1973," he pointed out. "Buying used trucks with an excess of 500,000 miles was no longer an option for us."

"This is a company with a long history of producing special vehicles for the Chinese military and when turning to producing commercial heavy-duty trucks, instead of starting with a blank sketchbook, chose to partner with the German truck and bus company MAN to eliminate the learning curve," noted Ralston.

"We are pleased with the performance to date," Senior informed, "given the benefit to the haulage subsector and other industries, which depend on a reliable fleet of trucks for which parts are accessible. Therefore, we remain upbeat about the growth projections for the short to medium term."

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New local miners, Conveyance Partners JA Limited, is among companies that are already set to expand their capacity using the new line of heavy-duty trucks. They have purchased 14 trucks for their fleet, which represents Tank-Weld’s largest sale to date since entering the market nine months ago.

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Recognising the deficiency of opportunities for financing, Tank-Weld partnered with JN Bank to provide a commercial loan for local haulage contractors to finance the purchasing of the heavy-duty vehicles.

Ralston said sales are expected to continue to grow in 2019 as awareness of the SHACMAN brand increases. Currently, there are approximately 100 additional trucks in production and en route to Jamaica.


Background of the National Auto Policy | Shacman Factory Blue 6×4 Tractor Truck Related Video:


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