Jul 30: Jim Owens on the US stimulus and manufacturing

Name: Jul 30: Jim Owens on the US stimulus and manufacturing
Uploaded: 2009-07-30T19:46:27.000Z
Duration: PTNaNMNaNS
Channel: Financial Times
Description: Caterpillar chief calls the stimulus package "light on hard infrastructure investment"

Part 3, July 30 2009: Jim Owens, chief executive and chairman of Caterpillar, talks to Hal Weitzman, Chicago & Midwest correspondent, about the role the US stimulus has played in job creation, the difference between the US stimulus and the Chinese stimulus and the possibility of a second stimulus bill in the US. He also discusses how US manufacturing has fared in the downturn and the competition posed by low-cost manufacturers from abroad.

July 30, 2009