Oshkosh lays strategies to expand presence in China

TIANJIN - US-based specialty vehicles maker Oshkosh Corporation said it is adopting two strategies - self-building channels and pursuing potential acquisition opportunities - to speed up development in China.

The company recently launched its first Asian manufacturing plant in Tianjin. The $40-million plant was completed in June with a production capacity of 15,000 units of JLG access equipment. Oshkosh acquired JLG, one of the world's leading manufacturers and marketers of access equipment, in 2006 with $3.2 billion.

The Tianjin facility is aimed at meeting domestic demand and exporting products to other Asian markets and Australia. In September, the first batch of 13 1930ES scissor lifts was shipped to Australia.