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Article: CATERPILLAR COMPLETES ACQUISITION OF SHANDONG SEM MACHINERY CO.
- Article from:
- AsiaPulse News
- Article date:
- February 1, 2008
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(Full text of a statement. Contact details below.)
Caterpillar Completes Acquisition of Shandong SEM Machinery Co., Ltd.
QINGZHOU CITY, Feb 1 /PRNewswire-AsiaNet/ --
Caterpillar will continue investing in employee development, product improvements and customer support programs at SEM
Caterpillar Inc. (NYSE: CAT) has received final regulatory approval and completed the purchase of the remaining shares of Shandong SEM Machinery (SEM), a leading wheel loader manufacturer in China. Caterpillar purchased a minority stake in SEM in 2005 as part of its commitment to support its growing customer base in the Chinese construction equipment ...