Word: levenick
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Dates: during 2000-2009
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...town of Tosno, 30 miles south of Russia's second city, Caterpillar has just completed its biggest investment in 25 years in Russia--a $50 million factory to make component parts for its European assembly plants and also put together tractors for the Russian market. Says Stu Levenick, Caterpillar's director in Russia: "You've got to take the long-term view and at the same time manage the uncertainty. That's why our strategy is to combine exports to Europe and a move to domestic assembly as the local market develops...
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