ASIMCO International Casting Co.,Ltd.(ShanXi) ( its predecessor was Shanxi International Casting Co., Ltd) is a join venture company collaboratively invested and founded by Asimco, Caterpillar and CITIC-MMI ( affiliated to CITIC ) with the total amount of investment up to $98.50million. Through accomplishment in its first-phase technical reform, ASIMCO Shanxi has developed a production capacity of producing 45,000 tons of high quality castings mainly involving blocks and heads per year and ASIMCO Shanxi has turned to be largest foundry enterprise in China.