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U.S. Caterpillar prospers in China over past decades (2)

(Xinhua)

08:31, December 23, 2011

Workers of Caterpillar (Suzhou) Co., Ltd. install a Cat980 wheel loader at a production line in Caterpillar (Suzhou) Co., Ltd. in Suzhou, east China's Jiangsu Province, Dec. 14, 2011. (Xinhua/Lin Fanjing)

Fast forward to today, unthinkably, China is the world's biggest market in this field. Many domestic manufacturers, who were recipients of Caterpillar technology in the 1980s, have stood up as powerful competitors of Caterpillar in China. Having set foothold in China for nearly four decades, Caterpillar almost witnessed all China's social and economic changes, meanwhile, Caterpillar has been growing in these changes. Caterpillar has grown from a single office in Beijing to a company with footprint covering all China. By far, it has 16 manufacturing facilities, nine new facilities under construction, four research and development centers, three logistics and parts centers, with more than 10,000 employees. The Caterpillar distribution network in China, which sells and supports product in the field, has another 11,000 employees.

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