As the first project of Weihai Shandong Nacoo Heavy Industry Science & technology Co.Ltd was founded in 2011 located in Weihai industrial area. It is a large modern enterprise mainly specialized in the R&D, production, sales and service of construction machinery and its core components. Since it was set up, Nacoo has planned three phases for the investment and construction with a total investment of 4 billion yuan. During the first phase, it was designed as a capacity of an annual output of 15000 units. In the end of the first phase, Nacoo heavy industrial park will cover an area of 5000 mu, 2000 acres, which is prepared for manufacturing. It will be the largest construction machinery manufacturer of Shandong. At present, the leading products of Nacoo include excavators and loaders. With its rapid development, Nacoo will involve manufacturing of all kinds of construction machinery, including concrete machinery, road construction machinery, piling machinery, agricultural machinery and etc..