March 2nd, Caterpillar (Wujiang) Co., Ltd. invested by Caterpillar, the largest construction and mining equipment maker, was officially opened, with the total investment of $48million and the registered capital of $22 million.
After the completion of the second phase, the annual production capacity of mini hydraulic excavators will reach 15,000 units, further consolidating the leading status of Caterpillar in Chinese construction equipment manufacturing enterprises and accelerating the development of Wujiang equipment manufacturing.
As the global leading equipment manufacturer, Caterpillar has more than 10 production enterprises in China, covering over 10 kinds of products like hydraulic excavators, with the annual revenue of USD 42 billion.
Source:cmbol.com