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Caterpillar to build factory, proving ground in China

(People's Daily Online)

16:18, August 25, 2011

On Aug. 24, representatives from Caterpillar sign an investment agreement with the administrative commission of Xitong Industrial Park to build a highly advanced proving ground and a large loader factory in Nantong city, China's southeast Jiangsu province. (Xinhua/Yang Guang)

One of the world's top 500 enterprises, Caterpillar is the largest manufacturer of earthmoving machines as well as construction and mining equipment in the world. After this new proving ground is opened, it will strengthen research and development capabilities, shorten new product development cycles, and the company will be better positioned to support its growing customer base in China.

Edited and Translated by Han Shasha, People's Daily Online

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