Caterpillar, hydraulic excavator--Caterpillar Expanding Manufacturing Presence

The company will produce mini hydraulic excavator models in the ‘under eight ton’ range at the new facility in Wujiang to meet growing customer demand in China.

Work on the new facility in Wujiang is expected to begin in late 2010 and production of mini excavators will begin in 2012.

This move is as part of the Caterpillar (NYSE:CAT)’s long-term capacity investment plan for China. Currently Caterpillar supplies Chinese customers with mini excavators produced at Caterpillar’s facility in Xuzhou.

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Source: Stockbriefings.com