Labor & Economic News Blog
Monday, July 24, 2006
China: Caterpillar to Start Building Factory in 2007
China: Caterpillar to Start Building Factory in 2007By REUTERS
The heavy machinery maker Caterpillar said it planned to build a factory in Jiangsu Province that would make midsize wheel loaders. Caterpillar, based in Peoria, Ill., said construction of the new plant was expected to begin in 2007. The loaders it produces will be sold across the Asia-Pacific region. That region is now largely supplied by a plant in Japan.
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