Guangxi LiuGong Machinery announced that LiuGong and Valvoline Inc. have signed a Memorandum of Understanding for a strategic global alliance for lubricants. Under the alliance, Valvoline will become the preferred provider of lubricants for the Chinese OEM in markets outside of China.
Zeng Guang’an, chairman of Guangxi Liugong Group and Guangxi Liugong Machinery, and Kevin Thieneman, LiuGong vice president of strategy and aftermarket, were present at the signing ceremony held in Houston, Texas, U.S.A., on 12 July.
“Today’s announcement with industry leader Valvoline is another step in our mission to provide complete solutions to our customers,” said Zeng. “And Valvoline is the perfect partner to help us realize this long-term ambition.”
“Construction equipment customers consistently tell us that they want the lowest total cost of ownership. LiuGong already offers a very competitive machine acquisition cost. The Valvoline partnership enhances the ability of LiuGong and our dealers to keep machines running as well as extend the useful life,” said Thieneman.
“We’ve established a strong relationship with LiuGong in many markets. We are looking forward to expanding this relationship and delivering solutions to LiuGong and their customers as they further expand their business globally,” said Craig Moughler, Valvoline senior vice president of Product Supply and OEM.
Established in 1958, LiuGong brought the first modernized wheel loader to China in 1966, eventually expanding to 19 different product lines today. LiuGong has a vast network of more than 300 dealers in more than 100 countries, all certified and trained by LiuGong.