Caterpillar Announces Opening of Two New Facilities in Tongzhou, Jiangsu Province

Wed Jan 9, 2013 10:00pm EST

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New large wheel loader facility and proving ground help meet customer needs in
China and other growth markets
TONGZHOU,  Jiangsu Province,  China,  Jan. 9, 2013  /PRNewswire/ -- Caterpillar
Inc. (NYSE: CAT) today announced the joint opening of a state-of-the-art proving
ground and a large wheel loader manufacturing facility in Tongzhou,  Jiangsu
Province. The new operations support the company's growing operations in  China 
and other growth markets. As part of Caterpillar's increasing research and
development presence in the  Asia Pacific  region, the Asia Pacific Proving
Ground (APPG) provides validation and product development services for Cat
machinery produced in the region. The large wheel loader manufacturing facility
is designed to suit the needs and requirements for quarry and mining
applications in  China  and growth markets. The Cat 986 large wheel loader,
which is produced at the large wheel loader facility, was designed at
Caterpillar's Wuxi R&D center and validated by the APPG.  

"Caterpillar takes a long-term view of the market in  China, and our focus on
product development here will enable our strategy to win in  China," said  Steve
Wunning, Caterpillar group president with responsibility for Resource
Industries. "As we expand our portfolio of locally designed and produced
machines in  China, Caterpillar is better positioned to serve our customers in 
China  and around the globe."  

The Cat 986 large wheel loader is the first Cat machine designed, validated and
built in  China  specifically for  China  and global markets. The machine was
displayed at the recently concluded bauma  China  2012, the most renowned trade
show in the construction industry in  China. Featuring the largest exhibit ever
for the company, Caterpillar displayed nearly 50 machines and engines at bauma 
China  in  Shanghai, including a Tier 3 C7.1 ACERT Industrial Power Unit, which
was also developed at the Caterpillar Wuxi R&D center and validated in various
machines by the APPG.   

Strategically located in Tongzhou at the mouth of the Yangtze River to the East
Sea, the Tongzhou site provides a logistics advantage in terms of shipping
machines from the  Asia Pacific  region and from inland  China  to the APPG for
testing, and ultimately, the shipping of complete machines to marketplaces in 
China  and around the world. In addition, the Tongzhou site is located near
several of Caterpillar's existing manufacturing facilities in  China, as well as
the majority of the company's existing supply base in  China.

With these new facilities in operation, Caterpillar now has 23 existing
manufacturing facilities, four new facilities under construction, four R&D
centers and three logistics and parts centers, employing more than 15,000 people
across the country.  

"This is a new important step as Caterpillar continues to systematically
strengthen its business model in  China," said  Qihua Chen, Caterpillar vice
president with responsibility for China Operations and  China  country manager.
"Caterpillar is committed to enabling customer success by providing the lowest
owning and operating costs in the industry. We support our customers in  China 
that take part in infrastructure development, energy production and resources
utilization."

About Caterpillar:  
For more than 85 years, Caterpillar Inc. has been making sustainable progress
possible and driving positive change on every continent. With 2011 sales and
revenues of  $60.138 billion, Caterpillar is the world's leading manufacturer of
construction and mining equipment, diesel and natural gas engines, industrial
gas turbines and diesel-electric locomotives. The company also is a leading
services provider through Caterpillar Financial Services, Caterpillar
Remanufacturing Services and Progress Rail Services. More information is
available at:  http://www.caterpillar.com.

Forward-Looking Statements
Certain statements in this press release relate to future events and
expectations and are forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995.  Words such as "believe,"
"estimate," "will be," "will," "would," "expect," "anticipate," "plan,"
"project," "intend," "could," "should" or other similar words or expressions
often identify forward-looking statements.  All statements other than statements
of historical fact are forward-looking statements, including, without
limitation, statements regarding our outlook, projections, forecasts or trend
descriptions. These statements do not guarantee future performance, and we do
not undertake to update our forward-looking statements.  

Caterpillar's actual results may differ materially from those described or
implied in our forward-looking statements based on a number of factors,
including, but not limited to: (i) global economic conditions and economic
conditions in the industries and markets we serve; (ii) government monetary or
fiscal policies and infrastructure spending; (iii) commodity or component price
increases and/or limited availability of raw materials and component products,
including steel; (iv) our and our customers', dealers' and suppliers' ability to
access and manage liquidity; (v) political and economic risks and instability,
including national or international conflicts and civil unrest; (vi) our and Cat
Financial's ability to: maintain credit ratings, avoid material increases in
borrowing costs, and access capital markets; (vii) the financial condition and
credit worthiness of Cat Financial's customers; (viii) inability to realize
expected benefits from acquisitions and divestitures, including the acquisition
of Bucyrus International, Inc.; (ix) international trade and investment
policies; (x) challenges related to Tier 4 emissions compliance; (xi) market
acceptance of our products and services; (xii) changes in the competitive
environment, including market share, pricing and geographic and product mix of
sales; (xiii) successful implementation of capacity expansion projects, cost
reduction initiatives and efficiency or productivity initiatives, including the
Caterpillar Production System; (xiv) sourcing practices of our dealers or
original equipment manufacturers; (xv) compliance with environmental laws and
regulations; (xvi) alleged or actual violations of trade or anti-corruption laws
and regulations; (xvii) additional tax expense or exposure; (xviii) currency
fluctuations; (xix) our or Cat Financial's compliance with financial covenants;
(xx) increased pension plan funding obligations; (xxi) union disputes or other
employee relations issues; (xxii) significant legal proceedings, claims,
lawsuits or investigations; (xxiii) compliance requirements imposed if carbon
emissions legislation and/or regulations are adopted; (xxiv) changes in
accounting standards; (xxv) failure or breach of IT security; (xxvi) adverse
effects of natural disasters; and (xxvii) other factors described in more detail
under "Item 1A.  Risk Factors" in our Form 10-K filed with the SEC on February
21, 2012 for the year ended December 31, 2011.  This filing is available on our
website at  www.caterpillar.com/secfilings.

SOURCE  Caterpillar Inc.


Jim Dugan, Global Government & Corporate Affairs, +1-309-494-4100,
dugan_jim@cat.com, or Penny Wu, Corporate Affairs, +86 10 5921 1422,
Wu_Penny@cat.com
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