XJ TIME CHINA

CONTACTS

Mr. Zhao Ruidong

Email: xjsl_zhaoruidong@163.com

Tel: 86 -1370-760-1260

Ms. Catherine Meng

Email: XJTime2019@163.com

Tel: 86 150 3896 9859

Time Manufacturing Company and its management team have put together a world class Chinese Manufacturing Program in conjunction with XJ Electric, a wholly owned Subsidiary of The State Grid Corporation of China.

Together, the two companies will manufacture world-class aerial lifts for the Chinese market as well as other regional buyers. This joint venture agreement is evergreen, and will result in thousands of additional Versalift aerial lifts produced annually.

BEIJING, Dec. 19, 2018 /PRNewswire/ — Versalift, a Time Manufacturing Company, and XJ Electric inked two new partnership agreements on December 18, 2018 (12-18-18) a highly auspicious date which falls on the 40th anniversary of the “reform and opening up” of China. XJ Electric is a wholly owned subsidiary of the State Grid of China, and Versalift is an American manufacturer of bucket trucks, aerial lifts and other equipment used in the construction and maintenance of electric power infrastructure.

The American bucket truck manufacturer and the Chinese energy giant will work together to develop an insulated aerial lift factory in China in order to manufacture and assemble bucket trucks to be distributed throughout the Chinese market and to other countries in the region. This joint venture agreement is evergreen, and will result in thousands of additional Versalift aerial lifts produced annually.

Versalift and XJ Electric will also work together on the development of a local Chinese distributor and upfitter that will mount lifts to both locally made and imported chassis, with the accessories, upfits and modifications that are needed to support the ambitious development plan for the Chinese Electrical Grid. In the case of the new Versalift distributor, Time Manufacturing/Versalift will retain control of design, component sourcing, quality assurance, and safety inspection for all vehicles released.

“We are extremely pleased with the outcomes of this deal,” said Curt Howell, CEO of Time/Versalift. “We couldn’t have asked for a better partner to extend our global reach than XJ Electric. Building joint ventures that can handle both Manufacturing and Distribution in the region is an important part of our future success. Our experience has been incredible so far and we look forward to a long and prosperous relationship.”  Mr. Howell has worked in the Automobile Manufacturing industry since the 1980s and has successfully opened factories in 12 countries.  Having recently led his team through growth and lean initiatives at Time/Versalift’s Waco, TX manufacturing and distribution facility, in order to increase production and meet demand, Mr. Howell is clear on how these new ventures support Versalift’s global expansion.

XJ Electric is responsible for a significant portion of the Chinese electric power grid, which will continue to need insulated high-reach equipment in order to support and manage its huge electric power distribution network. As a leading manufacturer of the safest and most reliable insulated aerial lifts available in the world, Time/Versalift continues to create value for its expanding global customer base.

Time Manufacturing Company is a global manufacturer of vehicle mounted aerial lifts, including bucket trucks, digger derricks, cable placers, truck bodies, buckets, and other specialty equipment for electric utility, telecommunications, bridge inspection, tree care and other fleet-supported industries. Through Versalift, BrandFX, Aspen Aerials, Ruthmann, Steiger, Ecoline, Bluelift, Movex and France Elévateur brands, the company provides equipment to co-ops, municipalities, government agencies and corporations through its global network of facilities and distributors. Time Manufacturing Company now employs more than 2,600 associates worldwide.

Related Links

https://versalift.com

Through the Joint Venture, the Chinese market gains access to the proprietary insulated aerial device technology.  This includes the patented TruGuard® Safety System which creates dielectric isolation for operators in the bucket and on the ground.  TruGuard® maintains the same high quality metal and power tool controls that linemen are used to while creating a increased isolation gap between the boom and the bucket.

Time Manufacturing Company has been manufacturing Aerial Devices since 1965.  Available in almost every region of the world, their patented insulated aerial lifts set them apart from the competition.

TRUGUARD®

 SLOPEMAX®