Equipment Type

Caterpillar to Buy China Mining Machine Maker

Caterpillar will purchase Chinese mining equipment manufacturer ERA Mining Machinery Ltd. for $887 million.

November 10, 2011

Caterpillar will purchase Chinese mining equipment manufacturer ERA Mining Machinery Ltd. for $887 million, according to a report in the Wall Street Journal.

ERA manufactures coal-mining equipment and was formerly known as International Mining Machinery Siwei Holdings Limited, according to Bloomberg.com

More like this

Comments on: "Caterpillar to Buy China Mining Machine Maker"

Subscribe Today

Enter your email address here to be automatically subscribed to our daily newsletter!

Overlay Init