Caterpillar makes offer for Chinese OEM

US-HEADQUARTERED surface and underground equipment manufacturer Caterpillar is once again aiming to expand both its international reach and its product offerings, making an $US890 million ($A864 million) offer for Chinese manufacturer ERA Mining Machinery.

Caterpillar makes offer for Chinese OEM Caterpillar makes offer for Chinese OEM Caterpillar makes offer for Chinese OEM Caterpillar makes offer for Chinese OEM Caterpillar makes offer for Chinese OEM

ERA primarily manufactures and sells underground equipment in mainland China through a subsidiary, Zhengzhou Siwei Mechanical & Electrical Equipment Manufacturing, commonly known as Siwei.

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