Caterpillar earmarks $790M for global growth

Nov 14, 2011 | 04:05 PM | Corinna Petry

Tags  Caterpillar, mining trucks, Illinois, Indonesia, production capacity expansion, doug oberhelman, corinna petry

CHICAGO — Caterpillar Inc. has announced plans to invest $790 million in three expansion projects.

The Peoria, Ill.-based heavy equipment builder will spend $340 million to retool for the production of large track-type tractors in East Peoria, Ill.; $300 million to increase capacity for large mining trucks produced in Decatur, Ill.; and....

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