Mon August 29, 2011
Caterpillar Says Sales Growth Continued in July
PEORIA, Illinois (AP) Caterpillar said global sales of its heavy equipment grew 35 percent in July even though last year’s numbers were strong. The world’s largest maker of mining and construction equipment provided an update on sales Aug....
Mon August 15, 2011
Caterpillar to Expand Remanufacturing Facility in N.D.
Caterpillar Inc. announced Aug. 1 plans to significantly expand its remanufacturing facility in West Fargo, N.D. The increased capacity will help meet the strong demand for remanufactured drive train components for large off-highway trucks and other mining equipment, including final drives, transmissions, torque convertors and steering clutches....
Wed July 20, 2011
Caterpillar Completes Acquisition of Bucyrus
Driven by a key strategic imperative to expand its leadership and support for customers in the mining industry, Caterpillar Inc. has completed its acquisition of Bucyrus International Inc. Caterpillar funded the acquisition, valued at approximately $8.8 billion (including net debt), using cash from its balance sheet and debt....
Wed June 29, 2011
Caterpillar Announces Expansion Plans for Hydraulic Excavator Facility in Victoria, Texas
Caterpillar Inc. announced plans June 17 to significantly increase its manufacturing capabilities and capacity for hydraulic excavators that will be produced at a facility now under construction in Victoria, Texas....
Mon June 27, 2011
Caterpillar Equipment Sales Grow Again in May
PEORIA, Ill. (AP) Caterpillar reported another strong month of global sales growth in May when sales improved 52 percent over last year, but the results were slightly weaker than the recent months. Sales in May were strongest in the region of Europe, Africa and the Middle East where sales grew 65 percent....
Tue May 24, 2011
Caterpillar CFO: U.S. Economy Not Far From Liftoff
BLOOMINGTON, Ill. (AP) Caterpillar Inc. believes the American economy isn’t far from taking off again but needs a better idea of where government policy is headed in key areas such as taxes, Chief Financial Officer Edward Rapp said May 19....
Wed May 25, 2011
United States Department of Justice Clears Caterpillar Acquisition of Bucyrus
Caterpillar Inc. and Bucyrus International Inc. received notification from the United States Department of Justice (DOJ) that it has closed its investigation into Caterpillar’s planned acquisition of Bucyrus....
Christopher Leonard - Wed May 04, 2011
Caterpillar’s 1Q Profit Soars, Ups Forecast
ST. LOUIS (AP) Heavy equipment maker Caterpillar Inc. said April 29 its first-quarter profit soared more than five-fold and raised its financial outlook for the year as a growing economic recovery boosted demand for its mining and construction equipment....
Wed May 04, 2011
Caterpillar 980K Wheel Loader Has New Cab, Engine, Hydraulics
The Cat 980K wheel loader offers high productivity, performance and fuel efficiency and an engine certified to meet Tier IV Interim and Stage IIIB emissions standards in North America and Europe. Major improvements include a new cab, load-sensing hydraulics, a 25 percent increase in lift force and a 16 percent increase in tilt force over the 980H....
Fri April 15, 2011
Caterpillar to Form Venture to Build Transmissions
NEW YORK (AP) Caterpillar Inc. said April 8 it agreed to form a joint venture with a Chinese transmission manufacturer that will build drivetrain systems and other components for Caterpillar machinery and produce a line of automatic transmissions for highway travel....
