# Gainwell Engineering signs technology licensing agreement with Caterpillar

Gainwell Engineering signed a technology licensing agreement with Caterpillar to manufacture underground mining equipment. Gainwell will also build a $70 million plant in Panagarh, West Bengal, India.

- Type: Contract
- Announced: 2022-04-19
- Where: Panagarh, West Bengal, India
- Value: $70.0M
- Status: announced
- Products: continuous miners, face haulers, roof support carriers, scoops, multi-utility vehicles, feeder breakers, highwall miners
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Gainwell Engineering](https://endata.com/companies/8900.md)
- [Caterpillar](https://endata.com/companies/1968.md) (partner)

## Sources

- [northamericanmining.com](https://northamericanmining.com/index.php/2022/04/19/gainwell-engineering-caterpillar-sign-underground-tech-deal/), 2022-04-19: "We are excited to contribute to a strong industrial manufacturing base in India."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.