Basic HTML Version
102
MOTORINDIA
l
January 2012
Caterpillar settingupplant to
manufacture Perkins engines
Caterpillar Inc. has
announced that it will
build a new, state-of-the-
art $150 million engine
manufacturing facility
in India to produce Per-
kins branded 4000 Se-
ries engines. Perkins is a
wholly-owned subsidiary
of Caterpillar. Caterpil-
lar is also investing an
additional $62 million
in its existing off-high-
way truck manufactur-
ing facility in Chennai.
The new investment to
expand truck capacity is
in addition to the $108
million investment for
Chennai the company an-
nounced in 2010.
Together these new
investments which will
help support the company custom-
ers in India and other growth mar-
kets are part of Caterpillar’s plan to
become the leader in its industry in
India.
Caterpillar Group President Rich
Lavin and Caterpillar India and
ASEAN Country Manager Kevin
Thieneman announced the new in-
vestment proposal at a function held
to celebrate the 40th anniversary of
Caterpillar’s manufacturing facility
in Thiruvallur, near Chennai.
“The Government of India has
embarked on an aggressive plan to
accelerate road construction and
overall infrastructure development,
and Caterpillar and our dealers are
continuing to make investments in
India to support these growth plans,”
Lavin said. “The invest-
ments we announced to-
day will ensure that our
customers have access
to world class solutions
to complete projects on
time and at the lowest
owning and operating
costs.”
As part of its 2015
corporate strategy, Cat-
erpillar is aggressively
investing to increase
capacity for a wide
range of products in key
growth markets such
as India and is continu-
ing to invest to support
customers in devel-
oped economies such as
North America, Europe
and Japan.
Mr. Thieneman said:
“This new investment will play a
role in developing our technology
further while benefiting our cus-
tomers who are playing a vital role
in the transformation of the Indian
economy.”
The location for the new Perkins
engine facility is yet to be decided.
However, site selection is expected
to be finalised soon.
Caterpillar currently has three
manufacturing facilities, a logistics
services base and a research and de-
velopment center in India.
w
Perkins Model - 402C - 05
products & components
“As our earlier investments
in India have neared com-
pletion, Caterpillar is mov-
ing rapidly to respond to
market conditions in India
and to make these addi-
tional new investments.”
– Mr. Thieneman