Congressman Calls for Scrutiny of Chinese Takeover Bid of Military Equipment Manufacturer

Company was a longtime supplier of the People’s Liberation Army

Duncan Hunter

Duncan Hunter / AP

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Rep. Duncan Hunter (R., Calif.) wrote to Treasury Secretary Jacob Lew urging for scrutiny over an unsolicited takeover bid from a Chinese company to manufacture U.S. military equipment.

“It has come to my attention that Terex Corporation, an American Company that manufactures heavy equipment, including cranes for the Army, Navy, and other government agencies, has received an unsolicited takeover bid from Zoomlion Heavy Industry, a Chinese Government Owned Company that is a longtime supplier of the People’s Liberation Army,” said Duncan.

“While it is my understanding that Terex and Zoomlion have yet to finalize the terms of a deal, the fact that a leading [People’s Liberation Army] supplier is seeking to purchase an American company that provides critical infrastructure equipment to a number of government agencies, including the Department of Defense and the Department of Homeland Security, demands that the agreement undergo through scrutiny if it does materialize,” he said.

“I have great deal of concern about the implications this possible takeover oculd have on our national security,” Duncan wrote. “And I will continue to carefully monitor this issue as it progressed.”

Ali Meyer

Ali Meyer   Email Ali | Full Bio | RSS
Ali Meyer is a staff writer with the Washington Free Beacon covering economic issues that expose government waste, fraud, and abuse. Prior to the Free Beacon, she was a multimedia reporter with CNSNews.com where her work appeared on outlets such as Drudge Report and Fox News. She also interned with the Heritage Foundation and Pacific Research Institute. Her Twitter handle is @DJAliMeyer, and her email address is meyer@freebeacon.com.

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