Sany America is ‘taking a pause in construction in Peachtree City to watch the worldwide economy.”

Peachtree City Mayor Harold Logsdon and Matt Forshee, President and CEO of the Fayette County Development Authority, both confirmed Tuesday morning that Sany is taking a 90-day break from construction on its new Peachtree City manufacturing plant. But both also emphasized that Sany is not pulling out of its plans to build a major plant in PTC.

“I met with Sany officials this morning and they assured me the project is still a go,” said Logsdon.

“They are still committed to building here. They are just taking a pause to see what happens with the economy worldwide.”

Logsdon said officials also assured him that Sany still plans to continue operations in its PTC headquarters -- currently located across from World Airways.

“In fact, they are in the hiring process as we speak,” said Logsdon.

According to officials, Sany is making a $30 million investment in locating its U.S. headquarters and its first U.S. assembly plant in Peachtree City.
Sany is a division of Sany Heavy Industry Co., Ltd., which is based in Changsha, Hunan Province, China and in 2006 exceeded $594 million in sales volume worldwide.
“They own the property they are building on in Peachtree City, and have already made a major investment here,” said Forshee.
“They are not pulling out now, they are simply taking a 90-day breather to evaluate the worldwide economy.
“They will continue to maintain their headquarters here, they just want to make sure when they begin production of their products that they have someone to purchase them.
“They want to take time to see what happens with the economy after the presidential election in the United States and around the world.
“But they are not pulling out. They have the money, that isn’t a problem. They just don’t think it makes sense to put the money into a building right now that could just sit for a while as the economy recovers.”
Forshee said 60 percent of the steel components for the new plant have already been designed and are ready for construction.
Phase one of Sany’s plans include a 400,000 square foot assembly/testing/training/office site in the Peachtree City Industrial Park. Phase one will employee 200 people over the first five years of operation.
Future phases at the Fayette County site will include additional product assembly lines as well as a corporate office
campus and R&D facility and will employee up to 400 additional people, for a total employment of 600.
According to officials, Sany initially will assemble concrete pump trucks and stand alone trailer mounted concrete pumps, which are used in the construction of high-rise buildings and other concrete structures requiring poured in place concrete, such as dams.
Future products may include asphalt pavers, road graders, excavators and other heavy construction equipment.
Sany’s plans were announced Sept. 2007 at the state capitol in Atlanta.

Wait and see is a very smart move.

Yep Sany is very smart that is for sure. I know they are Number one in China for a reason.

 Huge pumps

Hey the photo box works great!!

I agree

According to "Chi-con news" Sept.08 They've sold over 2400 sany's in 2008 (world wide). From what I've gathered there's only 10 or 12 sany's in the states! Thats reason for pause.

5-in Wasshington state, 5 or 6 in Houston Tx. (both are chinese owned pump companies) and 1 in Utah owned by a drilling outfit that also owns a Sany directional drill crawler, I suspect is chinese owned as well. The chinese seem to be their own "biggest fans". Though these pumps have been purchased in the US, I dont know of any American owned Sany's?

Does this plan/strategy sound familiar Tom?

I live here in fayette co. and as soon as i see them start to build i will take pics and post them for everyone to see. I inquired with my boss on who would be pumping the job and i believe that they are using their own people. As far as watchin the economy i believe that is very smart. I pump on highrises and if it werent for the highrises that we have going right now i believe that our company would be in BIG trouble like alot of other pump companies in this area.

IT's Running again! I believe....hope to see the plant soon