If all goes well, Sany Corporation’s assembly facility in Peachtree City will be up and running by November 2010.

The Chinese heavy equipment manufacturer already has its U.S. corporate offices in Peachtree City with 72 employees. Once the assembly plant is online, there will be an additional 150-200 employees added to the mix, according to Sany America’s Jack Tang.

“We are seeing recovery signs in the economy,” Tang said Monday morning.

The assembly building will be located on a large tract off Ga. Highway 74 South adjacent to Cooper Lighting. The site has already been cleared and is in the process of being compacted, Tang said.

The company has purchased $10 million in steel for the project, and about 30 percent of it is already fabricated, Tang said.

Announced in September 2007, Sany since has delayed construction of the assembly building due to the economy. Now the company is finalizing its new drawings for the facility.

The facility will assemble heavy equipment with parts shipped in from China. About 90 percent of those parts will be pre-painted, meaning only 10 percent will need painting here, Tang said.

Products to be assembled here include truck mounted concrete pumps, stackers, handlers, motor graders, drilling rigs, excavators and hydraulic crawler cranes.

Once operational, the assembly facility will need staff for a variety of roles including assembly, welding, parts, shipping and receiving, and more, Tang said.

Sany projects that once the assembly facility is operational, the company will see an increase in U.S. sales because of the company’s new presence here, which will also impact the company’s marketing and branding operations.

Meanwhile, the company is running out of space at its current office location to house the additional engineers Sany is hiring, Tang said. The company is actively looking for more space for its engineering division, he said.

The assembly building is only the first phase of Sany’s commitment to Georgia. The company has purchased a total of 228 acres and plans on future expansions to build its U.S. corporate headquarters along with research and development operations. An expansion of the assembly plant is also part of the company’s projected future growth here.

Sany’s headquarters, once developed, will be a first for Peachtree City’s industrial park because it will include several homes that will be used for visiting corporate representatives.

Once all is said and done, Sany anticipates investing $100 million at its Peachtree City locations and having up to 600 employees here.

One of the top 10 heavy equipment manufacturers in the world, Sany employs more than 30,000 people worldwide. Despite the global economy, in 2008 and 2009 the company has maintained a 50 percent growth rate and topped $3 billion in sales revenue.

Sany received $1.2 million from the state of Georgia, Fayette County and Peachtree City to fund land acquisition. Also officials agreed to a property tax break that incrementally increases from 10 percent the first year by an additional 10 percent each year.

By the end of the 10-year period, the company will be paying its full property tax rate at an estimated $500,000.

That figure represents just the first phase of the development, not including the corporate headquarters nor a potential assembly plant expansion.