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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