Thursday, May 3, 2007

Barloworld forms Caterpillar joint venture in Congo

(Reuters) - Barloworld and Tractafric Equipment of the Democratic Republic of Congo (DRC), have set up a joint venture to supply earth moving equipment in Congo's copper and cobalt rich Katanga Province.

The pairing of South African industrial conglomerate Barloworld's equipment division with Tractafric would be known as Congo Equipment, Barloworld said on Thursday, and has been formed on the basis of an agreement between Caterpillar and the two firms to sell its products in Katanga Province.


Read more at Reuters Africa

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