Zeus Pumps 80 Million Expansion Scale

At the beginning of this year, Zeus Pumps, a prominent company in Jiangsu Province, announced that it will invest 80 million in capital for infrastructure expansion projects. It is expected to be completed in May this year. However, the time has passed more than a month. The project has not been completed yet.

Dramatic increase in sales is in short supply

It is reported that Zeus Pumps Co., Ltd. is a high-tech enterprise with over one hundred patents, among which there are three key state-level products. With the development and innovation of Zeus pump technology, products have been universally recognized and appreciated by users, and the market share of products has also risen. Only HFM leakage-free corrosion-resistant and wear-resistant pumps have reached two sales. Ten million yuan. In 2012, Zeus pump sales reached 220 million yuan, and the original production scale is far from meeting the market demand.

According to Mr. Shi’s introduction, the period from May to October of each year is the time period for the concentration of corporate orders. Due to the large volume of orders and the unsatisfactory production scale, the supply cycle has been lengthened, and the contradiction between supply and demand has become increasingly apparent.

Hao throw 80 million just to meet user needs

In order to completely solve the contradiction between supply and demand, in early 2013 Zeus Pumps Co., Ltd. decided to expand the scale of production on the basis of the original, invest 80 million to expand the plant. Mr. Shi said that in addition to the expansion of the factory building, a pump test base will be added. And the company spent so much money, is entirely in order to shorten the delivery cycle, try to meet user needs. It is hoped that when the scale of production is expanded, it will be able to increase the amount of inventories. In the period of order concentration, it will be able to give priority to satisfying users.

When we asked when the project would be completed, Mr. Shi could not hide his excitement: “Next month! It will be completed in the next month and put into use.”

Nurturing new products and looking forward to a new dream

As a Zeus pump that wins with high technology, independent innovation is the source of life for the company. Currently, the technical team of Zeus Pumps is developing a silicon carbide processing pump, which is a new type of special demand product that will be used for slurry transportation and put forward higher requirements for corrosion resistance, wear resistance and durability. This is also the latest development of the 2013 technological innovation disclosed by Mr. Shi to Asian fluid reporters during the interview.