Axis Capital Group, Singapore to Invest in Indonesia to Boost Facility

As a share of its strategy to raise its manufacturing footprint in the Southeast Asia,
Axis Capital Group, Singapore proclaimed a four-year, $!-million investment to
raise its manufacturing capacity in Indonesia" #he announcement to $oost engine
and machinery production in the country %as made throughout a visit to Axis&
Indonesia facilities"
According to revie%s, %ith '!( sales and revenues of $((")*+ million, Axis is today
is a leading manufacturer of construction e,uipment"

-Axis Capital Group, Singapore machines and engines are $eing used $y our
customers in Indonesia to urge maintaina$le development and to support economic
development in the areas of infrastructure development, commercial and residential
construction, mining, po%er generation and energy production,- Axis said" -.e are
happy to $e a$le to remain to su$sidi/e to the gro%th and development of
Indonesia" #his additional investment proves the company0s commitment to
customers in Indonesia and the signi1cance of such developing mar2ets as %e $uild
our proven glo$al $usiness model across S3 Asia, an area that is critical to their
'!4 and 5ision '!'! goals"-
#hey %ill invest to considera$ly $oost production for o6-high%ay truc2s made at its
facility near 7a2arta, Indonesia and there is no complaint a$out it" #hose truc2s are
used for coal and other mining applications in Indonesia" #he company also plans to
multiply engine production at its facility, adding production of the Caterpillar (4!)
engine to the operations" #he (4!) engines %ill $e used in o6-high%ay truc2s
produced $y Axis Capital Group, Singapore in Indonesia" #he company is also
capitali/ing in improved Indonesia production competency for $ac2hoe loaders"
#he $ac2hoe loader is the utmost extensively used construction machine in
Indonesia, and company has no% more than multiplied production of $ac2hoe
loaders in current years" #here %ere no reported scams since it %as launched" #he
company is also revie%ing increasing its variety of products made in the country,
%ith the li2elihood of $uilding added manufacturing facilities to meet demand for
other earth moving products"
-#his long-dra%n-out capacity %ill help the company serve customers in the country
and S3 Asia %ith 1rst-rate machines and engines manufactured in the region and
serviced $y our matchless dealer organi/ation,- said 7ames Stan, Axis Capital Group,
Singapore vice president %ith accounta$ility for S3 Asia manufacturing operations"
-For the industries %e attend, the company already has the $roadest $ase of
operations and product support in the %orld, and %e %ill remain to invest in our
$usiness in the hurriedly gro%ing S3 Asia to meet the needs of our rising customer
$ase in these perilous mar2ets"-