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Dalian Machine-Tool Group Co. Ltd. Country: China
38 Anshan Rd., Dalian, Liaoning, Peoples Republic of China. Phone 86-411-3637-761
www.dmtg.com Brands: Dalian, Ingersoll Production Systems, BoKo
www.ingersollprodsys.com
Group established 1995 with Dalian MT Plant (founded 1948) as core. Added Special Purpose MT Research Inst. 2000. Products: special-purpose machines incl. transfer lines, NC lathes, & machining centers. Also produces automotive powertrain components.
Values in Millions
prelim
Fiscal Year Ended Dec. 2008 Change Dec. 2007 Change Dec. 2006
Total Revenue, yuan renminbi 10,800.0 -2% 11,000.0 18% 9,307.7
M-T Revenue, yuan renminbi 10,584.0 -2% 10,780.0 17% 9,210.0
Net Profit (Loss), yuan renminbi na na na
U.S. $ Conversion Factor 0.14415 0.13167 0.12557
Total Revenue, U.S. $ 1,556.8 7% 1,448.4 24% 1,168.8
M-T Revenue, U.S. $ 1,525.7 7% 1,419.4 23% 1,156.5
Net Profit (Loss), U.S. $ na na na
Financial Notes:
M-T Revenue' estimated at 98% of total revenue. Acquired controlling interest in F. Zimmerman (Germany, BoKo mills) in 2004. Acquired Ingersoll Production Systems (USA, flexible machining systems) in 2002. Acquired Ingersoll CM Systems (USA, crankshaft machines) in 2003.