Hiab enters into licence manufacturing agreement with Dalian Shidao Industry to produce and sell hooklifts in mainland China

CARGOTEC CORPORATION, TRADE PRESS RELEASE, 9 MAY 2023 AT 10:00 AM EEST

Hiab, part of Cargotec, announces that it has entered into a licence manufacturing agreement with Dalian Shidao Industry Co. Ltd (DSI) to produce, sell and service MULTILIFT hooklifts in mainland China. The sales and service coverage for MULTLIFT hooklifts will be vastly increased in mainland China by Dalian Shidao Industry, which will also provide spare parts. 

Hiab’s MULTILIFT is the world’s market-leading manufacturer of hooklifts and skiploaders. 

Dalian Shidao Industry’s offering includes on-road load handling equipment and construction equipment. The company has a comprehensive, nationwide sales and service network in mainland China and can provide consistent and efficient service to Hiab’s new and existing customers. For several years, the company has been a supplier and contract manufacturer for Hiab in mainland China. 

“Hiab is committed to delivering the best customer experience every day. We are excited that an experienced local partner like DSI can provide the best possible service to new and current customers in mainland China. The cooperation between Dalian Shidao Industry and Hiab is evolving and this time for the benefit of the Chinese hooklift operators and distribution partners who can rely on great products and support from DSI,” says Henri Janhonen, Vice President, Sales and Product Management, Demountables, Hiab.

“Dalian Shidao Industry is pleased to take the long-term cooperation with Hiab to a new stage,” says the President of Dalian Shidao, Lu Lin. She continues: “Dalian Shidao Industry will continuously strive to manufacture high-quality hooklifts in the Asia Pacific region and will provide advanced solutions to mainland China customers during the lifecycle of the products.” 

Further information:
Henri Janhonen, Vice President, Sales & Product Management, Demountables, Hiab, m: +358 41 506 2252, henri.janhonen@hiab.com 

Weidong Sun, Dalian Sidao Industry, sunny.sun@shidaoindustry.com 

Nils Gjerstad, Senior Communication Manager, Hiab, m: +46 706 005 288, nils.gjerstad@hiab.com

About Hiab
Hiab is a leading provider of smart and sustainable load handling solutions. We are committed to delivering the best customer experience every day with the most engaged people and partners. Hiab's premium equipment includes HIAB, EFFER and ARGOS loader cranes, MOFFETT and PRINCETON truck mounted forklifts, LOGLIFT forestry cranes, JONSERED recycling cranes, MULTILIFT skiploaders and hooklifts, GALFAB roll-off cable hoists, and tail lifts under the ZEPRO, DEL and WALTCO brands. As the industry pioneer, Hiab continues to make load handling smarter, safer and more sustainable to build a better tomorrow. www.hiab.com

Hiab is part of Cargotec Corporation. Cargotec (Nasdaq Helsinki: CGCBV) sales in 2022 totalled approximately EUR 4.1 billion and it employs around 11,500 people. 

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• MULTILIFT hooklift