"When China decided to up their game and make their name a little bit better regarding performance and quality, instead of reinventing the wheel, they went to Germany and negotiated with MAN and bought the entire contents of the factory, since that company was exiting that level of technology," he said.
In his summation, Ralston said that, "Tank-Weld sees the combination of the high quality of the Shacman truck, the strong support for parts and service by Tank-Weld, the attractive financing by JN Bank, and the solid commitment of Shacman, to be revolutionary for the trucking industry in Jamaica."
"There is no other motor vehicle brand in Jamaica for which the manufacturer has established its regional headquarters with permanent staff living here."
MarketStudyReport.com added Heavy Machinery (Large Trucks) Market Report provides an analytical assessment of the prime challenges faced by this Market currently and in the coming years, which helps Market participants in understanding the problems they may face while operating in this Market over a longer period of time.
This comprehensive Heavy Machinery (Large Trucks) Market research report includes a brief on these trends that can help the businesses operating in the industry to understand the market and strategize for their business expansion accordingly. The research report analyzes the market size, industry share, growth, key segments, CAGR and key drivers.
The company’s project director, Collis McCalla, said the Shacman trucks are more efficient, as they are able to haul significantly more ore than the fleet of America-made used trucks on which it currently relies.
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In this study, the years considered to estimate the market size of Heavy Machinery Market are as follows:
"They were looking for something to launch their commercial vehicle loans department, so … they have partnered with us on the financial side of this business," he said.
Key questions answered in this comprehensive study of Heavy Machinery (Large Trucks)Market Research Report 2019
– North America (USA, Canada, and Mexico) – Europe (Germany, France, UK, Russia, and Italy) – Asia-Pacific (China, Japan, Korea, India, and Southeast Asia) – South America – The Middle East and Africa.
In December, Tank-Weld representatives travelled to China, where they signed with Shacman as exclusive dealer in Jamaica and the rest of the Caribbean. The company also intends to replace its current fleet with Shacman units on a phased basis.
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