President Barack Obama called on Monday for a “new era of partnership” with Latin America as he acknowledged a sometimes troubled past between Washington and its neighbors in the region. Get the full story »
Inside these posts: Latin America
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Caterpillar February sales up 59%
(AP Photo/Toby Talbot, file)
Caterpillar says February was another strong month for sales of its mining and construction equipment, and global sales grew 59 percent over last year.
The Peoria-based company reported sales figures Friday in documents filed with the Securities and Exchange Commission. Get the full story »
Ex-RR executive tapped to head Burger King
Burger King’s soon-to-be new owners have named a former Latin American railroad executive to be CEO of the fast-food chain after the $3.26 billion deal goes through.
The appointment of Bernardo Hees by 3G Capital is a signal that the investment firm is serious about expanding the Burger King brand further into Latin America and elsewhere abroad. Get the full story »
Caterpillar to expand manufacturing in Brazil
Caterpillar Inc. plans to spend about $180 million to expand its manufacturing capacity in Brazil and meet growing demand in Latin America.
The world’s largest maker of construction and mining equipment said Wednesday that it had purchased an existing manufacturing plant in Campo Largo, Brazil, and over the next two years, it plans to expand its existing plant at Piracicaba, Brazil.
Grainger makes move into Colombia
W.W. Grainger Inc. has formed a joint venture with an affiliate of Torhefe S.A. to expand in Latin America, the industrial maintenance company said Monday.
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