| October 05, 2011 |
Equipment makers expand
From Texas to China, construction equipment manufacturers are building and expanding plants. Caterpillar, for instance, will invest $3 billion in capital expenditures in 2011, half of that in its U.S. operations.
Much of this expanding footprint, however, is directed overseas, particularly in China and India, including:
• Caterpillar – remanufacturing parts facility in Singapore for large off-highway trucks and other mining equipment; two plants in Thailand, one to produce medium dozer and the other for underground mining machinery. Cat also is building facilities in Tongzhou and Xuzhou, Jiangsu Province, China, and a parts distribution center in Dubai, United Arab Emirates.
• Cummins – megasite in Phaltan, Maharashtra, India, which will be composed of about 10 factories covering 300 acres, will include engine, generator and component manufacturing and a parts distribution center.
• John Deere – facilities in Tianjin Economic Technological Development Area in China for engines, four-wheel drive loaders and excavators; a construction equipment plant in Russia.
• Volvo – spending $50 million to expand its facility in Linyi, China, which produces excavators.
• Wacker Neuson – Hörsching, Austria, plant starts producing compact equipment in May 2012.
– Lauren Heartsill Dowdle
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