Linde Hydraulics Enters Joint Venture to Strengthen Market Position in Asia
Linde Hydraulics, a global developer and supplier of modular drive systems, is increasing its focus on the strategically important Asian market by establishing a joint venture in China with majority owner, the Chinese firm Weichai Power.
By uniting sales channels, product development and manufacturing, both companies intend to position Linde Hydraulics as a key supplier of hydraulic components in China. The registration of Linde Hydraulics (China) Co., Ltd. is an important step to consequently pursue this goal.
As technology leader in high pressure hydraulics, Linde Hydraulics is the development partner and supplier of a number of reputable manufacturers of mobile work machinery, including for earth moving and road building, agriculture, forestry and material handling, as well as manufacturers of industrial machinery.
Linde Hydraulics operates internationally, with subsidiaries in Europe, the United States and China plus an extensive network of around 60 sales and service partners.
Linde Hydraulics Corporation, the North American subsidiary of Linde A.G., has been a Tribute customer for over 16 years and utilizes Tribute software to run their operation efficiently.
An innovative leader in the design and manufacturing of high pressure pumps, motors, valves and transmissions, Linde’s exclusive 21º technology product line allows for greater dependability, cost competitiveness, improved operating efficiencies and higher displacements with a smaller rotating group.
Tribute, Inc. is a provider of ERP business management software for industrial distributors and fabricators. For more information visit www.tribute.com