Lgmg

What Lgmg does

LGMG (Lingong Heavy Machinery Co., Ltd.) is a Chinese manufacturer of Mobile Elevating Work Platforms (MEWPs), telehandlers, rough terrain forklifts, and mining equipment, headquartered in Jinan, Shandong Province. The company traces its lineage to the Lingong Group, founded in 1972, and was established under the LGMG brand in 2012 when it began producing wide-body mining dump trucks before expanding into the MEWP industry in 2015. The product portfolio spans scissor lifts (3.6m-20m platform heights), rough terrain scissor lifts, articulating and telescopic boom lifts (up to 45m work height), vertical mast lifts, crawler scissor lifts, telehandlers (capacities 2,500-5,000 kg), and a complete forklift line including rough terrain, electric counterbalanced, pallet trucks, and stackers — available in both diesel and electric/battery variants. Core technology platforms include Permanent Magnet Synchronous Motor (PMSM) 3-in-1 integration, lithium battery systems, the proprietary Lean Production System (LPS), OTA remote upgrades with telematics, and a self-developed Active Safety Control System (ASCS).

LGMG operates a global hybrid go-to-market model combining direct sales through 10+ wholly-owned subsidiaries (Europe, North America, Japan, South Korea, Australia, Indonesia, UK, Canada, Mexico, Brazil) with a network of over 200 dealer and distribution partners reaching 100+ countries. Manufacturing is dual-sourced from a 60,000+ unit China facility and a 33,000-unit Mexico base, with the Mexico plant serving as a fully localized hub for R&D, manufacturing, sales, service, and supply chain. Revenue derives primarily from hardware sales of MEWPs, telehandlers, and forklifts, supplemented by parts and accessories (including an online parts ordering platform launched in Europe) and lifecycle service and training. Customer segments are split between equipment rental companies (primary), construction firms, logistics/warehousing operations, and mining customers served via the LGMRT joint venture with Sandvik established in 2016. Pricing is quote-based enterprise sales and is not publicly disclosed. LGMG is a privately held, wholly-owned subsidiary of Lingong Group; it holds the No.1 MEWP sales volume position in China, ranks among the World Top 10 largest access equipment manufacturers, and has been recognized on the Hurun Global Unicorn Index for four consecutive years (2023-2026) and the Deloitte/HKUST/HBR China Best Managed Companies list for two consecutive years (2025-2026).

Name

Lgmg

Legal name

Lingong Heavy Machinery Co., Ltd.

Website

https://lgmglifts.com

Company type

Private

Founded year

1972

Operating status

Operating

Headcount range

11–50 employees

Short description

LGMG (Lingong Heavy Machinery Co., Ltd.) is a Chinese manufacturer of Mobile Elevating Work Platforms (MEWPs), telehandlers, forklifts, and mining equipment, serving equipment rental companies, construction firms, logistics operators, and mining customers across 100+ countries via 10+ direct subsidiaries and 200+ dealers.

Ownership category

akta.pro rank

Product category

Aerial Work Platforms / Construction Equipment

NAICS

Construction Machinery Manufacturing (333120), Industrial Truck, Tractor, Trailer, and Stacker Machinery Manufacturing (333924)

SIC

Construction, Mining & Materials Handling Machinery & Equip (3530), Industrial Trucks, Tractors, Trailors & Stackers (3537), Construction Machinery & Equip (3531)

akta.pro primary industry

Lifting Platforms & Aerial Work Platforms (MEWPs) (IMAHAJAJ)

akta.pro secondary industries

Aerial Work Platform & Access Equipment Vehicle Manufacturing (Boom/Scissor Lifts) (IMACAFAG), Material Handling & Industrial Lift Vehicle Manufacturing (Forklifts/Telehandlers/Reach Stackers) (IMACAFAD)

Keywords

• Aerial work platforms
• Mobile elevating work platforms
• Telehandlers
• Material handling equipment
• Rough terrain forklifts

Headquarters

HQ city

Dordrecht

HQ country

Netherlands

HQ region

Europe

Offices11 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Aerial Work Platforms (MEWPs) Sales: Primary revenue stream from manufacturing and selling scissor lifts, boom lifts, vertical mast lifts, and crawler lifts. Products available in electric, diesel, and hybrid powertrains.
2. Telehandler Sales: Telehandler sales including diesel and electric models with lifting capacities from 2,500kg to 5,000kg and lift heights from 5.94m to 20.7m.
3. Forklift Sales: Rough terrain forklifts, electric counterbalanced forklifts, electric pallet trucks, and electric stackers.
4. Parts and Accessories: 24-hour online ordering system, parts catalog, and online parts purchase through dedicated e-commerce platform (available in Europe with expansion planned).
5. Service and Training: Technical support, training programs, service bulletins, and warranty services provided throughout machine lifecycle.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels7 records

Core offering

LGMG manufactures and sells mobile elevating work platforms (MEWPs) including electric and diesel scissor lifts, articulating and telescopic boom lifts, telehandlers, rough-terrain forklifts, and mining equipment. The company produces both electric and internal-combustion variants of its aerial platforms and supplies complete machines, spare parts, and after-sales service to global rental companies, construction contractors, and industrial operators.

Product overview

LGMG (Lingong Heavy Machinery Co., Ltd.) is a manufacturer of Mobile Elevating Work Platforms (MEWPs) and material handling equipment, offering a comprehensive portfolio of construction machinery products. The product lineup includes: Scissor Lifts (electric/hydraulic self-propelled, 3.6m-20m), RT Scissor Lifts (rough terrain, 8m-20m), Articulated Boom Lifts (11m-34.2m), Telescopic Boom Lifts (16.3m-44.15m), Vertical Mast Lifts (4m-10m), and Crawler Scissor Lifts (6m-10m). The company also produces Telehandlers (lifting heights 5.94m-20.7m, capacities 2500-5000kg) and a full range of forklifts including Rough Terrain, Electric Counterbalanced, Electric Pallet Trucks, and Electric Stackers. All products are available in both diesel and electric/battery-powered variants, with the -2 series representing updated models featuring improved efficiency, lithium battery technology, and enhanced telematics capabilities.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• Zero emissions with electric drive models
• +3 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Four partnerships are on record, tiered flagship and core.

• Kiloutou GroupflagshipChannel Partner/ Reseller/ Distributor · 1 January 2026European rental company delegation visited LGMG headquarters and manufacturing facilities in China in March 2026, marking an important step in growing cooperation. Kiloutou is a major European equipment rental company.
• SandvikcoreStrategic or Co-development Partner · 1 January 2016Strategic cooperation agreement established in 2016 creating LGMRT joint venture focused on providing mining equipment and underground mining equipment for the mid-market. This partnership combines Sandvik's mining expertise with LGMG's manufacturing capabilities.
• Volvo (for SDLG)coreStrategic or Co-development Partner · 1 January 2006Volvo strategically cooperated with SDLG (Lingong Group core company) achieving win-win situation in corporate management and technology research and development. This partnership began in 2006 and contributed to technology advancement.
• Top Chinese University (Research Institute Partner)coreTechnology or IntegrationLGMG collaborated with one of China's top universities to establish the LGMG Research Institute, addressing industry challenges, developing cutting-edge technologies, and nurturing future technical talent for the aerial work platform industry.

Scale indicators12 records

Recent moves10 records

Expansion highlights6 records

Direct peers

• Niftylift: Niftylift is a UK-based MEWP specialist offering platform lifts and booms, competing with LGMG's MEWP portfolio particularly in Europe and emerging markets.
• Snorkel (AHERN Rentals): Snorkel manufactures aerial work platforms and telehandlers with a product range that overlaps significantly with LGMG's booms, scissors, and telehandlers.
• Skyjack (Linamar Corporation): Skyjack is a Canadian MEWP manufacturer specializing in scissor lifts and booms, overlapping with LGMG's core MEWP lineup and competing for Tier 1 North American rental accounts.
• Manitou Group: Manitou is a global OEM of telehandlers, rough terrain forklifts, and aerial platforms, with a directly comparable product mix to LGMG's telehandler and forklift lines.
• Haulotte Group: Haulotte is a French-based direct competitor in aerial work platforms with overlapping product lines (scissor, articulating and telescopic booms) and a global dealer footprint.
• Genie (Terex Corporation): Genie is a top-tier MEWP manufacturer within Terex, competing head-to-head with LGMG in scissor and boom lifts and serving the same global rental and construction customer base.
• JLG Industries (Oshkosh): JLG is the global MEWP market leader and the most direct competitor to LGMG, offering a comparable portfolio of scissor lifts, boom lifts, and telehandlers to rental fleets worldwide.
• Dingli Machinery: Dingli is the largest Chinese MEWP manufacturer and a direct domestic competitor to LGMG in scissor and boom lifts, also pursuing electric and international expansion.
• Sinoboom Intelligent Equipment: Sinoboom is a leading Chinese MEWP manufacturer that, like LGMG, is expanding globally with electric boom lifts and competing for international rental fleet contracts.

Broad incumbents

• Zoomlion Heavy Industry: Zoomlion is a large Chinese construction machinery conglomerate with an aerial work platform division that competes with LGMG while also offering broader heavy equipment lines.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/lgmg-group

Compliance7 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries12 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Lgmg