MARKETS

Cat working south of the border

OFF-highway trucks, excavators and bulldozers will all be produced at a $US500 million plant unde...

Donna Schmidt
Cat working south of the border

According to Spanish newswire EFE, work began on the factory in Cienega de Flores, in the northern Nuevo Leon state on November 8.

Caterpillar Mexico chief Ron Riekena told media at a cornerstone ceremony, also attended by state governor Rodrigo Medina, that 1000 direct jobs would be created at completion.

According to the EFE report, the Nuevo Leon state was chosen for its access to transport and skilled workers as well as good infrastructure.

The facility should be completed in late 2014.

TOPICS:

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

editions

ESG Mining Company Index: Benchmarking the Future of Sustainable Mining

The ESG Mining Company Index report provides an in-depth evaluation of ESG performance of 61 of the world's largest mining companies. Using a robust framework, it assesses each company across 9 meticulously weighted indicators within 6 essential pillars.

editions

Mining Magazine Intelligence Exploration Report 2024 (feat. Opaxe data)

A comprehensive review of exploration trends and technologies, highlighting the best intercepts and discoveries and the latest initial resource estimates.

editions

Mining Magazine Intelligence Future Fleets Report 2024

The report paints a picture of the equipment landscape and includes detailed profiles of mines that are employing these fleets

editions

Mining Magazine Intelligence Digitalisation Report 2023

An in-depth review of operations that use digitalisation technology to drive improvements across all areas of mining production