Caterpillar Announces $1 Billion Investment in Africa

By pdamon21 September 2016

Caterpillar Inc. Chairman and CEO Doug Oberhelman, taking part in the U.S.-Africa Business Forum (USABF) in New York City, said the company, its independent dealers and the Caterpillar Foundation plan to invest more than $1 billion in countries throughout Africa over the next five years. The investments would include enhanced parts distribution capacity, certified rebuild centers, new dealer branch locations, the expansion of Caterpillar’s Technicians for Africa online skills development program. ┬áTechnicians for Africa is a free, online learning platform for Africans seeking to develop technical skills needed to pursue a career as an equipment technician.

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