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jbog

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jbog

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Re: DewDiligence post# 92783

Friday, 03/19/2010 11:07:16 PM

Friday, March 19, 2010 11:07:16 PM

Post# of 252714
Cat as of recently had 13 new factories (within 10yrs) in china and is building 3 more. I believe 65% to 70% of it's 100k employees work off-shore.

I'm sure they treat the costs of Japan and U.S. as being the same, so they are probably buying peace with the unions.

MMM is now starting to move massive amounts of its production overseas.
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