Home / Business / News Tools: Save | Print | E-mail | Most Read | Comment
Caterpillar to build new facility in China
Adjust font size:

Construction equipment maker Caterpillar Inc. has announced it plans to build small hydraulic excavators in Nanjing, capital of east China's Jiangsu Province.

The company has signed an investment agreement with the Jiangning science park administrative committee in Nanjing, company sources said Monday.

The proposed facility, to cover 150,000 square meters, will be located in the science park and wholly owned by Caterpillar. Construction is to start at the beginning of 2009.

The United States-based manufacturer has 16 facilities in China. By the end of this year, Caterpillar will employ more than 7,000 people.

(Xinhua News Agency July 1, 2008)

Tools: Save | Print | E-mail | Most Read
Pet Name
China Archives
Related >>
- Caterpillar acquires Shandong machine maker
- Caterpillar to Move Regional Base to Beijing
- Caterpillar Aims to Expand China Presence
Most Viewed >>
- MA600 rolls off line in Xi'an on Sunday
- Auto China 2008 staged in Beijing
- Baosteel, rivals open US$ 5.2 bln JV in Guangdong
- Keep faith in China, guru tells investors
- Oil prices hike: is speculation all to blame?
- Output of Major Industrial Products
- Investment by Various Sectors
- Foreign Direct Investment by Country or Region
- National Price Index
- Value of Major Commodity Import
- Money Supply
- Exchange Rate and Foreign Exchange Reserve
- What does the China-Pakistan Free Trade Agreement cover?
- How to Set up a Foreign Capital Enterprise in China?
- How Does the VAT Works in China?
- How Much RMB or Foreign Currency Can Be Physically Carried Out of or Into China?
- What Is the Electrical Fitting in China?