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Heavy equipment maker plans new China factory

Published by Steve Coleman on August 24, 2011

Caterpillar plans to spread its wings in China.

The heavy equipment maker says it plans to build a factory to build a new model of a wheel loader used to moved sand and gravel.

The company currently has 16 other plants operating in China. The new facility is expected to open for business in the final three months of 2012.

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