Caterpillar Says Factory Outside Japan Has Not Yet Been Affected

Construction machinery giant Caterpillar (CAT) said on Friday that there has been no sign of any impact on manufacturing bases outside Japan so far, but the company also warned that "as the situation develops, some manufacturing plants may be affected by the situation in Japan." Affects occasional production delays."

Caterpillar said that the company is located in Tokyo, and factories in Akashi and Sagami have not been damaged by the earthquake and tsunami, and they are not within the forced evacuation zone, but some production may still be blocked. Caterpillar pointed out that the company is now actively establishing other parts supply channels as a backup measure when demand increases.

Although global industrial companies are still assessing the impact of the Great Japan Earthquake on their respective production, supply chain disruptions have begun to occur. GM announced on Thursday that it will suspend production at a final assembly plant in Louisiana due to parts supply problems.

Since the market generally believes that Caterpillar will receive a large number of orders in the future reconstruction after the earthquake in Japan, the company's share price rose sharply on Friday and has risen 76% in the past year.