September 8, 2010
Caterpillar expanding with Brazilian plant
PEORIA, Ill.
Caterpillar Inc. plans to spend about US$180 million to expand its manufacturing capacity in Brazil and meet growing demand in Latin America.
The world’s largest maker of construction and mining equipment said that it had purchased an existing manufacturing plant in Campo Largo, Brazil, and over the next two years, it plans to expand its existing plant at Piracicaba, Brazil.
Caterpillar says the Campo Largo facility will produce backhoes and small-wheel loaders. It is expected to begin production during 2011, and it will employ as many as 1,000 people at full capacity.
Caterpillar says the expansion will help the company serve its growing customer base in Latin America.
Associated Press
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