Caterpillar says most of its Chinese facilities reopened on February 10

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© Reuters. People visit heavy machinery of Caterpillar at Bauma China in Shanghai© Reuters. People visit heavy machinery of Caterpillar at Bauma China in Shanghai

CHICAGO (Reuters) – Caterpillar (N:) reopened most of its facilities in China on Monday after getting the go-ahead from the local government following the coronavirus outbreak, the company said.

The heavy equipment maker has multiple facilities in the world’s second-largest economy. While none of its factories were in the worst-affected province, the company had delayed their reopening after the Lunar New Year by a week.

China accounts for up to 10% of Caterpillar’s sales.

The company said it is following the local government’s direction on remaining openings and monitoring the epidemic’s impact on its dealer network and supply chain.

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