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Article: CATERPILLAR (CHINA) FINANCIAL LEASING SIGNS FIRST CUSTOMERS DURING BAUMA CHINA 2004.
- Article from:
- AsiaPulse News
- Article date:
- November 16, 2004
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SHANGHAI, Nov. 15 /PRNewswire-AsiaNet/ --
Caterpillar (China) Financial Leasing Co., Ltd. (CCFL) has announced the signing of its first customer lease contracts. The announcement was made today at Bauma China 2004, an exhibition for construction machinery, earth- moving machinery, building material machinery, construction equipment and tools, road and railway machinery as well as accessories and equipment.
CCFL established operations in April following licensing approval from the Chinese Ministry of Commerce. Following a ramp-up of operations in the fourth quarter of 2004, lease activity is ...