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| MobileTerminal |
| September 29, 2010, 4:59pm |
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Guest User |
Drudge headline: Company that Obama said would rehire workers if stimulus passed plans to open new factory -- in China...
Quoted Text
NEW YORK (AFP) – Caterpillar, the world's largest manufacturer of construction equipment, will build a factory in China to produce mini hydraulic excavators, the company said in a statement.
Construction will begin in Wujiang, near Shanghai, at the end of 2010 and the facility should be ready in 2012 to begin production of mini excavators of less than eight tons, the company said Tuesday.
Caterpillar did not say how much the project will cost.
It is part of a long-term plan for investments in China that will make Caterpillar one of the leading manufacturers of construction equipment in the country.
"China is the world's largest market for excavators in the below eight ton class, and the development of this new facility will better position Caterpillar to provide our customers in China with solutions that will help them succeed," said Mary Bell, a Caterpillar vice president.
Caterpillar already has a factory in Xuzhou, which is also near Shanghai.
The company, which is headquartered in Peoria, Illinois, had sales and revenue of 32.4 billion dollars in 2009.
http://news.yahoo.com/s/afp/20100929/ts_alt_afp/uschinacompanyinvestmentcaterpillar_20100929130112 |
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 GrahamBonnet |
| September 29, 2010, 8:03pm |
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GREAT NEWS!!!! NOT! |
| "While Foreign Terrorists were plotting to murder and maim using homemade bombs in Boston, Democrap officials in Washington DC, Albany and here were busy watching ME and other law abiding American Citizens who are gun owners and taxpayers, in an effort to blame the nation's lack of security on US so that they could have a political scapegoat." |
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| bumblethru |
| September 29, 2010, 8:06pm |
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Told ya he was a globalist!!!! And yet they complain about Bush! 'MISS ME YET"?????  |
| When the INSANE are running the ASYLUM
In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. -- Friedrich Nietzsche “How fortunate for those in power that people never think.”
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| senders |
| September 29, 2010, 8:06pm |
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I thought Tonka toys were made there? or is that Japan? Where was Godzilla from? |
| ...you are a product of your environment, your environment is a product of your priorities, your priorities are a product of you......
The replacement of morality and conscience with law produces a deadly paradox.
STOP BEING GOOD DEMOCRATS---STOP BEING GOOD REPUBLICANS--START BEING GOOD AMERICANS
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| bumblethru |
| September 29, 2010, 8:30pm |
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Hero Member Posts
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The question is........what is made in America??  |
| When the INSANE are running the ASYLUM
In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. -- Friedrich Nietzsche “How fortunate for those in power that people never think.”
Adolph Hitler |
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| senders |
| September 29, 2010, 8:30pm |
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Hero Member Posts
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The question is........what is made in America??
politicians |
| ...you are a product of your environment, your environment is a product of your priorities, your priorities are a product of you......
The replacement of morality and conscience with law produces a deadly paradox.
STOP BEING GOOD DEMOCRATS---STOP BEING GOOD REPUBLICANS--START BEING GOOD AMERICANS
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