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Lanre Shittu rolls out Nigeria-assembled trucks, plans bus plant | Shacman S2000 4×2 Prime Mover

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Section 13, 14 and 15, to portray Heavy Trucks deals channel, wholesalers, brokers, merchants, Research Findings and Conclusion, informative supplement and information source

Mazouz specified that this first ever assembly plant will create 8,000 jobs, including 1,600 direct jobs.

The name Shacman is an amalgam of three others: ‘Sha’ comes from the first three letters of the province in which the trucks are made, Shaanxi; the ‘c’ stands for Cummins, the legendary American diesel engine that powers a large range of trucks and equipment worldwide – the Chinese are now making that engine through a 50/50 partnership; and ‘man’ in homage to the German-made truck called MAN.

Who are Opportunities, Risk and Driving Force of Heavy Machinery (Large Trucks)? Knows Upstream Raw Materials Sourcing and Downstream Buyers

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This study also analyzes the Heavy Machinery Market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter’s Five Forces Analysis.

The trucks are based on established German technology, coupled with Chinese manufacturing efficiency, which results in attractive prices.

Curtis Martin, acting managing director of JN Bank, said the initiative would strengthen economic prospects in the mining sector.

The Heavy Machinery (Large Trucks) market research report inherently estimates this industry vertical to accumulate extensive proceeds by the end of the anticipated duration, while registering a modest year-on-year growth rate over the projected timeline. The report elucidates an excruciatingly detailed overview of this business, in addition to including information regarding the total valuation that the Heavy Machinery (Large Trucks) market presently holds, the numerous growth opportunities in this industry, and a detailed segmentation of the Heavy Machinery (Large Trucks) market.

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"This is a revolution in trucking. The partnership between Tank-Weld, Shacman and JN Bank is unbeatable; and I believe Shacman will become the truck of choice throughout Jamaica," said Tank-Weld’s Managing Director John Ralston. The purchase of the trucks is being financed exclusively by JN Bank.

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.

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"We were very excited with the test results in every respect, and immediately proceeded to develop a relationship with Shacman," John Ralston, TW’s managing director explained.


Lanre Shittu rolls out Nigeria-assembled trucks, plans bus plant | Shacman S2000 4×2 Prime Mover Related Video:


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