Caterpillar has said that it will build a new US$150million [€111.25million] factory in India to produce Perkins-branded 4000 Series engines. The company is also reported as saying that it is investing an additional $62million [€46million] in its existing off-highway truck manufacturing facility in Chennai, India. The new investment to expand truck capacity in Chennai is in addition to a $108 million [€80million] investment for Chennai that Caterpillar announced in 2010. Trucks produced in India include min
Caterpillar has said that it will build a new US$150million [€111.25million] factory in India to produce Perkins-branded 4000 Series engines.
The company is also reported as saying that it is investing an additional $62million [€46million] in its existing off-highway truck manufacturing facility in Chennai, India.
The new investment to expand truck capacity in Chennai is in addition to a $108 million [€80million] investment for Chennai that Caterpillar announced in 2010.
Trucks produced in India include mining trucks and quarry and construction trucks.
The location for the new Perkins engine facility has yet to be determined, although the site selection process is expected to be completed in the near future.
Caterpillar currently has three manufacturing facilities, a logistics services base and a research and development centre in India.
Caterpillar established its global mining headquarters in Oak Creek, Wisconsin, USA, following its purchase of South Milwaukee-based Bucyrus International earlier this year.
