April 17, 2012, was a special day for SANY Group and its founder Liang Wen'gen. Headquartered in Changsha, SANY Group has grown over the past two decades from a small welding material factory in 1989 to the world's leading manufacturer of construction equipment with five industrial parks in China, 5 R & D and manufacturing base in America, Germany, India, Brazil and Indonesia, and 21 sales companies around the world. SANY Heavy Industry Co, Ltd (SANY), the principal subsidiary SANY Group, is engaged in construction and equipment was number six on the 2012 International Building in the yellow table, ranking the world's largest manufacturer of construction equipment. "Hide
by Rajiv Lal, Stefan Lippert, Nancy Hua Dai, Di Deng Source: Harvard Business School 27 pages. Publication Date: November 11, 2012. Prod. #: 513058-PDF-ENG
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