Concrete Paving; Pavers ; Strategic Partnership; GOMACO USA

Schwing Stetter India partners with GOMACO USA to foray into the Concrete Paving industry in India

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~ This strategic partnership will provide Schwing Stetter India, the sales and service rights for GOMACO products ~

Iowa, USA / Chennai, India, April , 2017: Schwing Stetter India, one of the country’s leading concrete equipment manufacturers, has partnered with GOMACO Corporation. This partnership will provide Schwing Stetter India with the sales and service rights for GOMACO’s entire range of concrete paving products across the country, except for the state of Telangana. The company plans to target $10mn sales in India during its first year of association.

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The Government has recently announced a drive to build 30 kilometers of roads per day; 10950 km road projects and 100 new concrete road projects to be set up in India. In addition to this, the Government has set an ambitious target of increasing the contribution of manufacturing output to 25 per cent of Gross Domestic Product GDP by 2025, from its 16 per cent currently.

Mr. Kent Godbersen, Vice President of Worldwide Sales and Marketing, GOMACO Corporation said, “Schwing Stetter has been serving the concrete construction market in India for nearly 20 years and they will be an excellent partner of GOMACO Corporation and our concrete paving products. We have chosen Schwing Stetter to help lead our efforts in India because of their commitment to the customer, their attention to quality products, and excellence in service.”

On this partnership announcement, Mr. Anand Sundaresan, Chairman, Schwing Stetter Sales and Services Pvt. Ltd. said, “We are proud to be associating with GOMACO to offer their concrete paving products in India. This is a great opportunity for concreting all the roads in the country. We are pleased to join the world leader in this space to empower India with well-laid, concreted roads across India.”

Mr.V.G.Sakthikumar, Managing Director, Schwing Stetter Sales & Services Pvt. Ltd, said “Concrete pavers have multiple applications like building roads for the national and state highways, airport runways, canal lining, high speed rails, etc. We at Schwing Stetter have always been eager to partner with a player that has great expertise in this line of products. Additionally, our country can greatly benefit from a product like this owing to the fact that building concrete roads are cheaper, faster to build, long lasting and require minimum post construction maintenance costs.”

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The GOMACO distributor agreement was signed at Schwing Stetter’s headquarters in Chennai, India. Present at the signing were, from left, Vinayak Rege, GOMACO’s Product Support Specialist for India; Kent Godbersen, GOMACO’s Vice President of Worldwide Sales and Marketing; Anand Sundaresan, Schwing Stetter’s Vice Chairman and Managing Director; V.G. Sakthi Kumar, Schwing Stetter’s Managing Director; and Rory Keogh, GOMACO International Ltd.’s Managing Director.

About SCHWING Stetter India Pvt Ltd:

Incorporated in June 1998, and commencing its manufacturing operations in 1999, SCHWING Stetter India is a 100% subsidiary of SCHWING Group of companies, an 850-million Euro German Concrete machinery manufacturer and a part of XCMG group. SCHWING Stetter is a pioneer in manufacturing equipment for concrete preparation, placement, transportation and recycling. SCHWING Stetter (India) Private Limited manufactures concrete batching plants, concrete mixers for transporting readymade concrete to construction sites, concrete pumps , concrete placing booms, tower cranes, self loading mixers and recycling plants. It caters to infrastructure developers and also acts as an OEM supplier to various cement companies who offer Ready Mix Concrete. SCHWING Stetter has its manufacturing units in 11 countries including Germany, Austria, USA, Brazil, Russia, China, Ostrava, India, sales and service centers in France, Netherlands, Austria and Sweden as well as representations in more than 145 countries worldwide.

About GOMACO Corporation:

GOMACO Corporation (www.gomaco.com) is the worldwide leader in concrete construction equipment with headquarters in Ida Grove, Iowa, USA. GOMACO equipment will slipform concrete streets and highways, airport runways, curb and gutter, sidewalks and recreational trails, safety barrier, bridge parapet, and irrigation canals. Support equipment includes grade trimmers, concrete placers, concrete placer/spreaders, and texturing and curing machines. The company also offers equipment to finish flat slabs, bridges, and slopes. GOMACO will consult on unique concrete paving applications and equipment needs. Products are offered through a worldwide distributor network for local sales, parts and service expertise.