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Cat plans $1 billion expansion project

Clipped to the Drawing Board by Sean  
PEORIA — Caterpillar Inc . announced today it will embark on a multi-year, $1 billion expansion of some of its key Illinois factories, including East Peoria and Mossville, while also undergoing some reorganization of those facilities.

In an early morning news release, the company said the decision to invest in its Illinois factories over the next two years demonstrates confidence in its ability to compete globally from a strong U.S. manufacturing base.
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Saturday 14 June, 2008 06:55 AM
 
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