Cat moving some stuff back to US

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dave66

Cast Iron

Joined

Jun 27, 2010

Location

California, USA

• Nov 11, 2011

• #1

A little more good news... They announced today that some production will be coming from Japan back to the US... About 1000 jobs worth. Also new plant in NC, and expanding production in Peoria and Decatur.

Caterpillar Shifts Manufacturing From Japan - TheStreet

 

dp

Banned

Joined

Aug 17, 2005

Location

Puget Sound, Washington

• Nov 11, 2011

• #2

Maybe they learned Peoria isn't likely to have a tsunami any time soon.

Location of Cat in Japan.
Kanagawa Prefecture - Wikipedia, the free encyclopedia

 

M

metlmunchr

Diamond

Joined

Jul 25, 2004

Location

Asheville NC USA

• Nov 12, 2011

• #3

A Canadian company, Linamar, has moved into a plant here where Volvo formerly assembled wheel loaders. They're in the process of hiring about 400 people to supply parts to Cat's new plant in Winston Salem. Pay for plant work at Linamar is supposed to average about $40K which is pretty good for this area which is primarily focused on fleecing tourists, renting hotel rooms for $250/nite, and all the minimum wage jobs that go along with that crap.

 

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dave66

Cast Iron

Joined

Jun 27, 2010

Location

California, USA

• Nov 23, 2011

• #4

I guess were still not at a tipping point... because John Deere has been doing very well lately. (Even during a terrible market day like today, they gained almost 4%) But they still plan to build three new plants to help with the demand... in China, Brazil and India. But it doesn't say if those would be for sales in those markets.

http://www.nytimes.com/2011/11/24/business/deeres-profit-rises-from-strong-sales.html

 

Ciszewski

Hot Rolled

Joined

May 9, 2011

Location

Sandy Hook, MB Canada

• Nov 23, 2011

• #5

Hello Dave66
I would imagine that would be to supply the demand over in those countries. The ag sector in those 3 countries is growing rapidly.

 

S

SND

Diamond

Joined

Jan 12, 2003

Location

Canada

• Nov 24, 2011

• #6

Interesting bit is that china now makes a lot of large heavy equipment and it will soon hit the markets here, at quite a bit less $ than the regular brands, and apparently pretty good quality(still to be determined in action eh).

There definitely is $ in mini excavators though, 60-80K for a mini is pretty ridiculous, but people are paying it for that fancy landscaping.

 

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dave66

Cast Iron

Joined

Jun 27, 2010

Location

California, USA

• Nov 25, 2011

• #7

Making something in the country you sell it in actually makes sense of course. But since so much is made somewhere else and brought to the US, it would be nice for us to do the same at least once in a while. I remember as a kid seeing tons of Cat stuff loaded on ships going all over the world. Boy, those days are gone.

 

dp

Banned

Joined

Aug 17, 2005

Location

Puget Sound, Washington

• Nov 25, 2011

• #8

dave66 said:

Making something in the country you sell it in actually makes sense of course. But since so much is made somewhere else and brought to the US, it would be nice for us to do the same at least once in a while. I remember as a kid seeing tons of Cat stuff loaded on ships going all over the world. Boy, those days are gone.

Click to expand...

Somebody is building something:
U.S. trade gap narrows on record exports - Economic Report - MarketWatch

 

D

dave66

Cast Iron

Joined

Jun 27, 2010

Location

California, USA

• Nov 25, 2011

• #9

dp said:

Somebody is building something:
U.S. trade gap narrows on record exports - Economic Report - MarketWatch

Click to expand...

Oh, OK... Well that's something. Maybe we are heading towards a tipping point after all. I have no doubt the lopsided import/export system will correct itself to be more efficient. I'm just not sure when.

 

Oldnewguy

Aluminum

Joined

Jul 29, 2011

Location

Research Triangle Park, Raleigh, NC, USA

• Dec 8, 2011

• #10

And this

Exports up 65% according to CAT chairman | WEEK News 25 - News, Sports, Weather - Peoria, Illinois | Top Stories