Caterpillar Plans Thailand Mining Equipment Plant

Caterpillar Inc. announced it will open a plant in Thailand to produce underground mining equipment in the midst of increasing demand for mined commodities by developing countries.

Construction of the 645,000-square-foot plant at the Hemaraj Rayong Industrial land in Rayong Province will start this year. Production at the plant is expected to begin in late 2012. The factory will eventually employ about 800 people. The Rayong plant is the company's first production site in Thailand.

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