Record Number of Exhibitors Headed to bauma CHINA
November 12, 2018
The “who’s who” of the industry will be there when bauma CHINA opens its doors again from Nov. 27-30 in Shanghai.
More than 3,300 companies will present themselves at Asia’s largest trade fair – 300 more than in 2016.
Accordingly, 200,000 visitors are expected, which would be a new record. The Chinese construction machinery industry is booming as bauma CHINA approaches.
A few weeks before the show opens, bauma CHINA is expecting to set exhibitor and visitor records. More than 300 new companies will present themselves at the Shanghai New International Expo Centre (SNIEC).
A significant increase in visitors is expected as well. A total of 200,000 may attend. “bauma CHINA is the event that sets the future direction of China’s construction industry. It is more than an exhibition. It is the leading trade fair for the Asian market,” said Stefan Rummel, Managing Director of Messe München.
Rummel sees increased activities in the fields of infrastructure, mining and real estate as the main reason for the positive development in the Chinese construction machinery sector: “The dragon is breathing fire. This positive trend should continue in 2018 and beyond.”
Industry leaders like Doosan Infracore, Fayat, Komatsu and Volvo are also aware of that and, like many others, are following the call of bauma CHINA. Construction machinery giant Caterpillar is also returning to the trade fair for the first time since 2012.
Rummel said: “A new era is ahead of us. An era with many challenging questions when it comes to intelligent applications, sustainability and recycling, autonomous driving, remote control and much more. At bauma CHINA you will find the answers.”
bauma CHINA, international trade fair for construction machinery, building material machines, mining machines and construction vehicles, is the largest industry event for the sector in China with an exhibition area of 300,000 square meters.
The last fair in November 2016 attracted 2,958 exhibitors from 41 countries and 170,000 visitors from the Asia region. bauma CHINA is held every two years: the 9th event will take place at the Shanghai New International Expo Centre (SNIEC) in Shanghai Nov. 27-30.
Partner Voices
MGM Resorts is committed to fostering an inclusive and diverse culture, not just among employees and guests but also within its supply chain. The company prioritizes procuring goods and services from businesses owned by minorities, women, veterans, people with disabilities, LGBTQ individuals and those facing economic disadvantages. This commitment is integral to MGM Resorts' global procurement strategy.
Through its voluntary supplier diversity program, MGM Resorts actively identifies and connects certified diverse-owned suppliers to opportunities within its supply chain. The company is on track to spend at least 15% of its biddable procurement with diverse-owned businesses by 2025, demonstrating that supplier diversity is not only a social responsibility but also a strategic business imperative.
Supplier diversity isn’t just the right thing to do – it’s good for business. A diverse supply chain allows access to a broader range of perspectives and experience, helping to drive innovation, entrepreneurship and resilience, while strengthening communities. At MGM Resorts, engaging diverse suppliers ensures best-in-class experiences for guests and clients. Supplier diversity ensures a more resilient supply chain while supporting economic development in the communities in which it operates.
The impact of MGM Resorts' supplier diversity initiatives is significant. In 2023, these efforts supported over 3,500 jobs across more than 30 states, contributed over $214 million in income for diverse-owned businesses and generated more than $62 million in tax revenue. The story extends beyond the numbers – it reflects the tangible benefits brought to small and diverse-owned businesses, fostering economic empowerment in their communities.
MGM Resorts also supports the development and business skills of diverse-owned businesses through investment, mentorship and education. Through the MGM Resorts Supplier Diversity Mentorship Program, the company identifies, mentors and develops diverse-owned businesses to fill its future pipeline, while providing businesses with tools and resources to empower and uplift. Since 2017, the program has successfully graduated 105 diverse-owned businesses and is on track to achieve its goal of 150 graduates by 2025.
MGM Resorts’ commitment to supplier diversity not only enhances its business operations but also plays a crucial role in uplifting communities and fostering economic development. This approach reinforces the idea that diversity is a powerful driver of innovation and resilience, benefiting both the company and the wider community.
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