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YTO Group Corp.

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Founded in 1955, the YTO Group Corp. is headquartered in Luoyang, China and is also known as China Yituo Group Corp. According to the company’s website, its primary five pillars of business are agriculture machinery, construction machinery, vehicles, power machines (diesel engines, generator sets, engineering vehicles), and vehicle spare parts and components. The origins of this Chinese modern-day manufacturing enterprise are rooted in the China First Tractor & Construction Machinery Corp., the company responsible for producing China’s first tractors in 1958.[1] Today, the YTO Group Corp. manufactures about 80 percent of China’s tractors. Its tractors include both wheeled tractors ranging from 70 to 200 horsepower and crawler tractors ranging from 70 to 150 horsepower.[2] Each tractor is accompanied by an assortment of implements used in farming.

The YTO Group Corp. also produced China’s very first road roller. To this day it remains a dominant manufacturer of road construction and compaction machinery, including pavers and rollers.[3]

In the 1960s the company supplied the first load-carrying, off-road vehicles to China. It now manufactures heavy-duty trucks, specialized agricultural vehicles, garbage trucks, and business purpose vehicles (BVPs).[4]

In addition, the company produces grain and rice combine harvesting equipment and agricultural implements such as trailers, plows, harrows, rotary tillers, sowers, and straw and stem choppers. On the construction and heavy equipment side, YTO Group Corporation manufacturers forklifts, bulldozers, loaders, excavators, motor graders, concrete pumps, and tippers.

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[edit] History

In 1955 a new vision for China was laid out and the country underwent massive reform with the initiation of the nation’s "156 Important Projects," part of a five-year plan sanctioned by Chairman Mao Zedong. In the first year of the five-year plan one of the 156 Important Projects involved the building of China’ biggest tractor plant, the First Tractor Works, based on the west bank of the Jianxi district in Luoyang. On July 1958 the plant introduced its first tractor to the Chinese people. By December 1980 the plant reached a historical milestone when its annual production of crawler tractors in a given year peaked at 24,105 units.[5] During the 1980s further reform to China’s farming system incited the need for international cooperation with other leading equipment manufacturers such as Bomag and Fiat.

In 1993 the company was renamed the China First Tractor and Construction Machinery Corp. In 1990 the Chinese Tractor Institute and Inspection was merged into China Yituo Group, greatly increasing the company’s production and research and development capabilities. Three years later the China First Tractor and Construction Machinery Corp. changed its name to China Yituo Group Co. Ltd. In 1995, the company’s one-millionth tractor rolled off the assembly line.[6]

Its annual production capacity now stands at about 6,000 wheeled tractors and 25,000 crawler tractors. YTO also continues to manufacture between 150,000 and 200,000 small- and medium-sized tractors per year.[7]

[edit] The Company Today

Today YTO Group Co. Ltd. has approximately 25,000 employees and owns more than six-million yuan worth of assets.[8] With more than 20 subsidiaries and 50 factories, YTO exports its products to over 70 countries worldwide through its subsidiary YTO International. YTO International is also involved in various overseas construction projects around the world.[9]

[edit] Equipment List

[edit] Agriculture and Implements

[edit] Construction

[edit] Transportation and Trucks

[edit] Power Machinery

[edit] References

  1. YTO Group. YTO Corporate Website. 01-06-2009.
  2. http://www.chinatradenews.com.cn/Article.asp?NewsID=1320
  3. Agricultural Machinery. YTO Corporate Website. 01-06-2009.
  4. Vehicles. YTO Corporate Website. 01-06-2009.
  5. Yituo's Events. YTO Group Corporation Website. 01-06-2009.
  6. Yituo's Events. YTO Group Corporation Website. 01-06-2009.
  7. Profile of Yituo. YTO Group Corporation Website. 01-06-2009.
  8. China Yituo.China Truck. 01-06-2009.
  9. China Yituo Group Corporation. Hoovers. 01-06-2009.

[edit] External Links