Caterpillar Contemplating Shift of Excavator Production from Japan to United States; Plan Could Double Number of U.S … (PR Newswire via Yahoo! Finance)

PEORIA, Ill. , March 11 /PRNewswire-FirstCall/ — As part of a long-term strategic initiative, Caterpillar Inc. (NYSE: CAT – News ) today announced it has undertaken a study that could lead to a new hydraulic excavator facility being built in the United States . Â Such a move could triple the current capacity of hydraulic excavators now produced by the company in the U.S. and significantly …