- Equipment World - http://www.equipmentworld.com -

Cat increases China excavator production

Posted By Marcia Gruver Doyle On June 28, 2010 @ 5:45 pm In Construction News | No Comments

Cat will expand its plant in Xuzhou, China, and will acquire Xuzhou Construction Machinery Group’s 15.87 percent ownership in Caterpillar Xuzhou Limited, a joint venture with the Chinese company initially established in 1995. When the acquisition is complete, CXL will be a wholly-owned Caterpillar company.

Once the CXL excavator expansion plans are completed in 2014, Cat will have increased its China-based excavator capacity by 400 percent.

Article printed from Equipment World: http://www.equipmentworld.com

URL to article: http://www.equipmentworld.com/cat-increases-china-excavator-production/

Copyright © 2012 Equipment World -- Development. All rights reserved.