But didn’t I just read Cat was opening a plant in China? How long before those are sent back to the USA?
If this is an expansion of production capabilities — then how long before the dollars are sent back to the USA from the local sales in China?
Two scenarios...
1. When the demand for CAT dozers, front end loaders and track hoes is so great that the plants here in the U.S. aren unable to keep pace. Which would be a good thing.
...or...
The Chinese economy (and most of Asia) would have to go down the tubes. Which would be bad because they wouldn't be buying anything made over here, either.