Caterpillar Corp, the world's leading manufacturer of construction and mining equipment, is in talks with dozens of Chinese machinery companies for the supply of used engines and pumps for its newly established remanufacturing facility in Shanghai.

The Reman facility, which opened yesterday in Lingang New City of Nanhui District, will be built into the largest of its kind in Asia, said Steve Fisher, group vice president, who is in charge of the group Reman department.

Its Reman division in the city is the first to be wholly foreign-owned, Caterpillar said.

(For more biz stories, please visit Industry Updates)