Quote:
Originally Posted by spence
I believe CAT has at least 12 manufacturing plants in China and over 8,000 employees. It represents a substantial part of their growth strategy.
These investments have a big impact on jobs in Peoria. The net is that any way you shake it, development in emerging markets has a big impact on the US economy...
Perhaps you should sub out your googling to ScottW 
-spence |
Ok, Spence. This is comical, even for a post from you. You stated that the Chinese are likely using Caterpillar machines for their big construction projects. I pointed out that Caterpillar has a very small market share there as compared to the 2 large Chinese heavy equipment makers. Then you say that heavy equipment in the US sells a lot to China, which in no way backs up your original statement. China does not buy a lot of US made equipment because they buy Chinese made equipment. Now you claim that US companies are building their equipment in China. You really have no clue. How does it go from China using a lot of American made heavy equipment to US companies building their equipment in China and sending it back here? And how's that benefiting the US? Wouldn't Peoria be better off if they kept all the jobs there?
Maybe you should have RIROCKHOUND's new baby do your googling for you. It's bound to be better than whatever you're doing.