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Scuba

(53,475 posts) Tue Dec 27, 2011, 02:41 PM Dec 2011

4

Wisconsin tractor maker to build $90 million plant.......... in China

http://www.jsonline.com/business/cnh-to-build-china-plant-to-produce-tractors-harvesters-lp3j93n-136267488.html

CNH to build China plant to produce tractors, harvesters

..snip..

CNH Global, which manufactures farm tractors in Racine, said Tuesday it will spend $90 million to build a manufacturing plant in Harbin in northeast China.

The planned 4.3 million-square-foot factory will produce high-horsepower tractors, combine harvesters and other machinery featuring advanced technology, the company said.

"China is a very important market for us, and we strongly believe in its potential," said CNH Chief Financial Officer Richard Tobin, who becomes president and CEO in January.

..end..

No word on how company officials feel about the US market. Investigation of Scott Walker connections underway.

2 replies

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Wisconsin tractor maker to build $90 million plant.......... in China (Original Post) Scuba Dec 2011 OP

Makes sense to build where they are bought and used. nt hack89 Dec 2011 #1

Are they doing this to replace their Racine plant or to MineralMan Dec 2011 #2

hack89

(39,171 posts)

1. Makes sense to build where they are bought and used. nt

Reply to Scuba (Original post)

Tue Dec 27, 2011, 02:44 PM

Dec 2011

MineralMan

(146,338 posts)

2. Are they doing this to replace their Racine plant or to

Reply to Scuba (Original post)

Tue Dec 27, 2011, 02:45 PM

Dec 2011

build ag equipment for the market in China? It's expensive to ship that equipment from the US to China.

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