World's leading construction equipment manufacturer to increase investment in China

14:23, November 10, 2009      

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Terex, the world's third largest construction equipment manufacturer, would further increase its investment in China though its business was affected by the financial crisis, China Daily reported Tuesday.

The newspaper offered no details on the investment.

Terex acquired the world's largest port equipment manufacturer Fantuzzi-Noell and its plants in China in July this year.

The move clearly shows that China is important to the company's future strategy, the newspaper said, citing Terex China president Harold Lang.

Source: Xinhua
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