US Caterpillar: Plan to invest in Nanjing, Jiangsu in the next five years

US Caterpillar: Plan to invest in Nanjing, Jiangsu in the next five years

Caterpillar recently held the "Caterpillar Day" event at the American Pavilion at the Shanghai World Expo Site. According to the person in charge of the company in China, Caterpillar will increase investment in the Yangtze River Delta Region in the next five years and build a supply chain for R&D, production and sales in Jiangsu.

Caterpillar is one of the world's largest manufacturers of construction machinery and has been doing business in China for 35 years. It produces construction machinery, mining equipment, diesel and natural gas engines everywhere in China. It is understood that the Yangtze River Delta region is Caterpillar's important manufacturing and R&D base in China. Zhu Jiming, the company's global vice president and chairman of China, said: "Jiangsu is our company's most concentrated investment place in China. In 2009 we established the Caterpillar Wuxi Technology R&D Center. In 2010, we established Caterpillar Suzhou Co., Ltd. Xuzhou company has fully controlled and expanded."

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