Caterpillar News, Videos, and Information

Fri April 15, 2011

Caterpillar Provides Update on Impact of Crisis in Japan

North and Central Florida's Cat dealer, Ring Power Corporation, reported Caterpillar's ongoing commitment to aid in Japan. Recently, Caterpillar Inc. and Caterpillar Japan Limited have actively monitored the on-going developments in Japan following the devastating earthquake and tsunami to report ramifications for Cat and the Caterpillar dealer network....

Zachary Colman - Thu April 07, 2011

Caterpillar CEO, Ill. Gov. Talk Business Concerns

EAST PEORIA, Ill. (AP) Illinois is facing growing concerns among business leaders that its policies hurt the companies that drive its economy, the head of Caterpillar Inc. warned April 5 as he met with Gov....

Wed March 23, 2011

Caterpillar Reports Strong Equipment Sales in February

PEORIA, Illinois (AP) Caterpillar said February was another strong month for sales of its mining and construction equipment, and global sales grew 59 percent over last year. The company reported sales figures March 18 in documents filed with the Securities and Exchange Commission....

Wed February 23, 2011

Caterpillar to Sell Carter Machinery

Caterpillar Inc. has reached an agreement to sell Carter Machinery Company Inc. Carter Machinery is a Caterpillar dealership headquartered in Salem, Va., and has operations and stores covering Virginia and nine counties in southeast West Virginia....

Wed January 26, 2011

Caterpillar Urges Stronger U.S. — China Trade Ties

NEW YORK (AP) Heavy equipment maker Caterpillar is urging a stronger trade relationship between the United States and China on the heels of the Chinese president’s visit to the United States. The Peoria, Ill., company, the world’s largest maker of construction and mining equipment, said Jan....

Fri December 17, 2010

Caterpillar Adds IBM, Abbott Labs Execs to Board

PEORIA, Ill. (AP) Caterpillar said it is adding executives from IBM and Abbott Laboratories to its board of directors. The construction and mining equipment maker said Dec. 9 that Jesse Greene Jr. and Miles White will join the Caterpillar’s board in January....

Wed November 17, 2010

Caterpillar to Acquire Bucyrus International

Caterpillar Inc. and Bucyrus International Inc. have entered into an agreement under which Caterpillar will acquire Bucyrus International in a transaction valued at approximately $8.6 billion (including net debt)....

Mon November 08, 2010

Caterpillar’s New CEO Adds Chairman Title

PEORIA, Ill. (AP) Caterpillar Inc.’s new CEO Doug Oberhelman is now also chairman of the board of the world’s largest maker of mining and construction equipment. Oberhelman became chairman Nov....

Wed October 13, 2010

Caterpillar to Raise Prices Up to 2 Percent

DALLAS (AP) Heavy-equipment maker Caterpillar said it will raise prices up to 2 percent worldwide starting in January. The company said Sept. 30 the price increase was due to “industry factors” and the economy....

Fri October 01, 2010

Caterpillar Plans New Factory in China

PEORIA, Ill. (AP) Caterpillar Inc. plans to build a new plant in Asia to help meet the growing demand for equipment in China. The Peoria-based equipment company on Sept. 28 said the new factory in Wujiang, China, will produce mini-hydraulic excavators....