Cargotec appoints new chairman for China business
26 June 2014Cargotec has appointed Martin Lin as chairman of its China business with a remit to build relationships with the Chinese government and other stakeholders in the country.
Mr Lin, formerly president of multi-industry company Textron China Inc and having held senior positions at aerospace and defence industry supplier Rockwell Collins, will help drive forward Cargotec Industries (China) Co Ltd's growing China business.
The Asia-Pacific region accounted for 28% of Cargotec's sales in the first quarter of 2014, with China in the top five countries for group sales.
"As the importance of Asia for Cargotec increases, both in growth and development of the production and logistics, a strong presence and understanding of the plans and needs of different stakeholder groups are extremely important," said Mika Vehviläinen, Cargotec president and CEO.
"Martin's experiences of co-operation with governmental agencies in multi-industrial businesses is valuable for Cargotec and its joint ventures in China and I warmly welcome him to the Cargotec family."
