Caterpillar builds the world's most advanced large engine manufacturing plant in Tianjin
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On November 19, 2010, Caterpillar announced that it will build the most advanced plant in Tianjin and expand its global large-scale engine production capacity with a project investment of 300 million U.S. dollars. It is Caterpillar's largest investment in China's largest new engine to date. plant. When it is put into production in 2013, it will become Caterpillar's third global 3500 series engine production base, providing industry-leading engine products to customers in China and the Asia Pacific region.
For more than two decades, the Cat 3500 Series has provided Cat Power with reliable power to ensure stable operation in demanding applications. In addition, the 3500 series engines are widely used in the oil and gas, marine and power industries and continue to meet the high specification requirements of global customers. Caterpillar customers in China have been using mechanical equipment and generator sets equipped with 3500 series engines to help promote sustainable economic progress and development. With the start of the Tianjin engine plant, Caterpillar will be able to better participate in market competition. Serving a growing customer base in China and throughout Asia.
Caterpillar's current large engine center in Lafayette, Indiana, will continue to produce the 3500 Series engines as well as other large engines in production. The Lafayette plant will focus on serving customers outside the Asia Pacific region. Therefore, the new plant in Tianjin will not cause employment impact on the Lafayette plant. Increasing the capacity of the 3500 Series engines is a long-term strategic decision made by Caterpillar that will enable Caterpillar to better meet the needs of its global customers.
In recent years, Caterpillar and its independent agents have made considerable investments in the Chinese market, further enriching the types of products and components in China, optimizing after-sales services, and expanding the agency system in each province. Caterpillar employs more than 7,400 people in China.