SANY Heavy Industry of China will add a research and development center at its SANY North America facility in Peachtree City, Gov. Nathan Deal announced from China where he and a group of officials from Georgia are on a week-long economic development mission.
The company will create about 300 jobs and invest $25 million in the expansion.
SANY will hire 300 mechanical and hydraulic engineers within the the next three to five years, with hiring to begin in about a year. Hiring will be handled by the Georgia Department of Labor.
The research and development center will design and develop products from many of the company’s product lines.
SANY has had its Peachtree City manufacturing facility since 2007. The $60 million, 420,000-square-foot complex makes specialized cranes and lifting equipment for the construction industry. The operation also houses sales, procurement and engineering offices. About 100 workers are currently employed at the plant.
SANY Group Ltd., the parent company of SANY America, has sales revenues of $8 billion and 53,000 employees in more than 120 countries. It is one of the world’s largest concrete machinery manufacturers.