Informa and Zhanye Form a Joint Venture to Launch WOC Asia
December 1, 2016
Informa Beijing and Shanghai Zhanye Exhibition Co., Ltd have formed a joint venture, Shanghai Yingye Exhibition Co., Ltd, to launch the World of Concrete Asia, which will showcase a full range of products from the World of Concrete, China Floor Expo (CFE) and China Mortar Expo (CME) brands.
The new partnership will begin from the next edition of CFE/CME fairs on, which will be held Dec. 4-6, 2017, in the Shanghai New International Expo Center.
The joint venture will expand the brand’s international reach and expand these leading construction and material industry trade shows in China and Asia.
World of Concrete Las Vegas is an annual international event dedicated to the commercial concrete and masonry construction industries.
Featuring indoor and outdoor exhibits with the industry’s leading suppliers showcasing innovative products and technologies, exciting demonstrations and competitions, and world-class education programs.
In 2016, the exhibition drew 60,110 registered professionals, and featured more than 1,532 companies exhibiting across 150,000 square meters of space. The next event will be held Jan. 17-20 in Las Vegas. Other global events include World of Concrete India, and World of Concrete Europe.
“We are very excited by this partnership with Zhanye. The combination of CFE, CME and the World of Concrete brands will make this a must-attend event for the construction marketplace for the domestic China and wider Asia markets,” said Tom Cindric, vice president – Construction & Real Estate, Informa Exhibitions.
He added, “WOCA will showcase the latest developments across the globe on many aspects of concrete and construction technology that are applicable to the country and the region.”
CFE and CME are long-standing exhibitions in the construction and building materials industries in China and will attract more than 700 exhibitors in 34,500 square meters of exhibit space this year at the SNIEC, with a 40-percent increase, compared with last year, and 35,000 visitors are expected.
“We are happy to form this strong collaboration with Zhanye. We believe, by merging our expertise in exhibitions and construction, and the local influence Zhanye has in the flooring and mortar industries in the country, the new concept fair will expand rapidly in the near future.” said David Bondi, COO – Asia, Informa Exhibitions.
In addition to adding more international exhibitors and visitors to the existing product categories, the cooperation will also expand the product offerings.
Jerry Zhou, founder of Zhanye, said he also is delighted by the creation of the joint venture.
“Informa is one of the leading exhibition organisers in the world. Bringing them on board will help to upgrade the show concept and boost the fairs’ overseas profile,” he added, stating the organisers have already received positive feedback from exhibitors regarding being part of the World of Concrete exhibition family.
The first China Floor Expo was launched in 2004, and is the leading trade show focusing on floor industry in China. China Mortar Expo was launched in 2005, and has grown to be the largest and most influential trade show on building mortar, pre-mixed mortar and has attracted many world-renowned brands as long-term partners.
The continuous progress of urbanization pushed by the Chinese government has lad to a growing investment in public infrastructure and commercial projects across the country.
China is becoming the main driving force for new construction materials and technologies.
Partner Voices
MGM Resorts is committed to fostering an inclusive and diverse culture, not just among employees and guests but also within its supply chain. The company prioritizes procuring goods and services from businesses owned by minorities, women, veterans, people with disabilities, LGBTQ individuals and those facing economic disadvantages. This commitment is integral to MGM Resorts' global procurement strategy.
Through its voluntary supplier diversity program, MGM Resorts actively identifies and connects certified diverse-owned suppliers to opportunities within its supply chain. The company is on track to spend at least 15% of its biddable procurement with diverse-owned businesses by 2025, demonstrating that supplier diversity is not only a social responsibility but also a strategic business imperative.
Supplier diversity isn’t just the right thing to do – it’s good for business. A diverse supply chain allows access to a broader range of perspectives and experience, helping to drive innovation, entrepreneurship and resilience, while strengthening communities. At MGM Resorts, engaging diverse suppliers ensures best-in-class experiences for guests and clients. Supplier diversity ensures a more resilient supply chain while supporting economic development in the communities in which it operates.
The impact of MGM Resorts' supplier diversity initiatives is significant. In 2023, these efforts supported over 3,500 jobs across more than 30 states, contributed over $214 million in income for diverse-owned businesses and generated more than $62 million in tax revenue. The story extends beyond the numbers – it reflects the tangible benefits brought to small and diverse-owned businesses, fostering economic empowerment in their communities.
MGM Resorts also supports the development and business skills of diverse-owned businesses through investment, mentorship and education. Through the MGM Resorts Supplier Diversity Mentorship Program, the company identifies, mentors and develops diverse-owned businesses to fill its future pipeline, while providing businesses with tools and resources to empower and uplift. Since 2017, the program has successfully graduated 105 diverse-owned businesses and is on track to achieve its goal of 150 graduates by 2025.
MGM Resorts’ commitment to supplier diversity not only enhances its business operations but also plays a crucial role in uplifting communities and fostering economic development. This approach reinforces the idea that diversity is a powerful driver of innovation and resilience, benefiting both the company and the wider community.
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