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Caterpillar expanding in China
2012-01-09
source own
Caterpilla Inc the world's leading manufacture of Construction and Mining equipment is expanding its Asian headquarters for RD in China to facilitate growth across the Asia-Pacific market.
Caterpillar set up its Wuxi center in 2009 and will create engine test faculties and labs for fuel systems, electronics, hydraulics among others at its center and the expansion is expected to be finish by June 2012. Currently 500 staff are employed in Wuxi and this further expansion then the amount of employees for Caterpillar in Wuxi China will increase to over 800. With this expansion then this will cement the Wuxi center as the headquarters for Research and Development for Caterpillar for China and the Asia-Pacific.
China is the largest Construction market and therefore the largest market for Construction equipment and Technology so with Caterpillar's increased investment it should ensure Caterpillar a leadership position in China and the Asia-Pacific for many years to come.Disclaimer: This information has been collected through secondary research and BricPartner is not responsible for any errors.
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