Caterpillar rides high on Chinese transition

Company 'proud to be part of China's growth story', says its chief

Doug Oberhelman has led Caterpillar Inc, one of the world's top construction and mining equipment makers, through an accelerated business cycle, implementing cost-efficiencies and lean manufacturing.

The expansion of Caterpillar's global operation may be best epitomized in the rise of its business in China that has evolved from equipment imports to technology transfer to setting up manufacturing facilities to a full business model.