QINGZHOU CITY,
"Teamwork is one of Caterpillar's core values, and since our initial
investment in SEM, we have collaborated with SEM management and with the
Shandong and Qingzhou City governments to make improvements in every aspect of
the SEM business," said
In addition to SEM wheel loaders, Caterpillar core products manufactured
in
"We are pleased to be part of Team Caterpillar and look forward to
sustained growth as we continue to produce high quality products that will
meet customer's expectations," said SEM
As a responsible corporate citizen, Caterpillar will continue working closely with the provincial and local governments to sustainably develop the SEM business and support the environment. Similarly, Caterpillar will build on the valuable relationships SEM has with local suppliers and dealers.
"We are committed to bringing the greatest value possible to our SEM
customers," said
In addition to its core machine, engine and component manufacturing
locations in
For more than 80 years, Caterpillar Inc. has been making progress possible
and driving positive and sustainable change on every continent. With 2007
sales and revenues of
SAFE HARBOR
Certain statements in this release relate to future events and
expectations and as such constitute forward-looking statements involving known
and unknown factors that may cause actual results of Caterpillar Inc. to be
different from those expressed or implied in the forward-looking statements.
In this context, words such as "will," "expect," "anticipate" or other similar
words and phrases often identify forward-looking statements made on behalf of
Caterpillar. It is important to note that actual results of the company may
differ materially from those described or implied in such forward-looking
statements based on a number of factors and uncertainties, including, but not
limited to, changes in economic conditions; currency exchange or interest
rates; political stability; market acceptance of the company's products and
services; significant changes in the competitive environment; epidemic
diseases; changes in law, regulations and tax rates; and other general
economic, business and financing conditions and factors described in more
detail in the company's Form 10-K filed with the Securities and Exchange
Commission on
SOURCE Caterpillar Inc.