Recently, Lingong Heavy Machinery North America said that in response to the ruling by the U.S. Department of Commerce and the International Trade Commission (ITC) to impose high import tariffs on Chinese products, the company plans to move its headquarters from Chambers, Pennsylvania, later in 2022. Fort moved to Dallas, Texas and expanded its Canadian operations. In addition, the company plans to build a $140 million aerial work platform manufacturing plant in Nuevo Leon state, on the northern border of Mexico.
The above adjustments are part of the restructuring strategy of Lingong Heavy Machinery. In order to reduce management costs, Lingong Heavy Machinery North America also integrated its warehousing business and opened two new stores.
Eric Liner, President and CEO of Lingong Heavy Machinery North America, said the restructuring strategy will enable the company to achieve long-term, sustainable growth in the North American market.