Caterpillar teams up with Chinese firm to form company

12/15/2009 | CNNMoney · Sun (Baltimore), The

Caterpillar this week said it will develop an engine-remanufacturing company with a Chinese firm. The new company, formed with diesel-engine maker Guangxi Yuchai Machinery, will rebuild Yuchai and Caterpillar diesel engines and parts in China. In recent years, Caterpillar has used its expertise in manufacturing to generate additional revenue by restoring older engines.

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CNNMoney · Sun (Baltimore), The

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