It is reported that Caterpillar has signed a contract with Zhengyang City, and plans to distribute mine trucks and hard rock drilling rigs in Xiangyang City. The project was part of the major investment promotion activities in the Bohai Rim area in Zhengzhou City. On September 27th, a centralized signing ceremony was held at Henan Mansion in Beijing.

Before signing the contract, the leaders of Zhengzhou City and Liyang City visited Caterpillar's headquarters in China and met with Caterpillar Group Vice President Chen Qihua to expand investment, adjust product structure, layout new products, and plan mining machinery in Xiangyang City. The industrial park project was deeply connected. After the negotiations were concluded, both parties signed a project investment agreement on the spot.

It is understood that Caterpillar Inc. of the United States was established in 1925 and is among the top 500 companies in the world. It is one of the world’s largest manufacturers of construction machinery and mining equipment, gas engine and industrial gas turbine manufacturers, and the largest diesel engine manufacturer in the world. . Caterpillar's mining-related equipment, diesel and natural gas engines , industrial gas turbines, and diesel-electric hybrid power units account for two-thirds of its global business.

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