Sany Chairman Liang Wengen Named Economic Person of the Year by Chinese Network

Sany Group Chairman Liang Wengen was one of 10 business and economic leaders named 2012 “Economic Person of the Year” by Chinese broadcast network CCTV. The network cited Sany Heavy Industry Co.’s acquisition of German concrete pump manufacturer Putzmeister Holding GmbH, which made Sany the world’s leading manufacturer of concrete pumps.

CCTV also cited the decision by Sany-related Ralls Corp. to sue U.S. President Barack Obama after the U.S. government blocked Ralls from developing a wind farm located near a U.S. military facility in Oregon. Rails is owned by two Sany executives.

Other notable 2012 person of the year recipients include Jack Ma, chairman and CEO of e-commerce giant Alibaba Group; Yang Yuanquing, CEO of computer maker Lenovo; and Ning Gaoning, chairman of China state-owned food company COFCO. Liang’s selection to the group was announced Dec. 12 at a ceremony in Beijing.

Chairman Liang also won the Economic Person of the Year Award in 2005.

Based in China, Sany’s U.S. headquarters is in Peachtree City, Ga.