Caterpillar Building New Facilities In China

Caterpillar Inc. (CAT) said it's continuing to make "significant new investments" in China and is currently building a new engine facility in Wuxi, China, and a facility in Suzhou, China, to produce medium wheel loaders and motor graders.

The Peoria, Ill., machinery manufacturer also plans to supply products to the Asia Pacific region, Africa, the Middle East and parts of the Commonwealth of Independent States.

Source: DOW JONES NEWSWIRES

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