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| Caterpillar expands operations in Brazil Building on its 50-plus-year history in Brazil and capitalizing on the expected growth in Latin America, Caterpillar Inc., the world's largest maker of construction equipment, is announcing the expansion of its manufacturing operations in Brazil. The company has acquired an existing industrial facility in Brazil, located in Campo Largo, Paraná State, that after upgrading will cover 50,000 square meters (538,195 square feet). The new facility in Campo Largo will manufacture backhoe loaders and small wheel loaders, which are currently produced at Piracicaba and are part of the machine line up for Caterpillar's Building Construction Products (BCP) Division. In addition to the new facility, Caterpillar is announcing plans to increase its capacity at the Company's flagship facility in Piracicaba for the manufacture of core products. Total investment of about $180 million is expected in both facilities over the next two years. It is expected that the new facility will begin production in 2011 and will create up to 1,000 new jobs in Brazil when at full capacity. write your comments about the article :: © 2010 Construction News :: home page |