Caterpillar News, Videos, and Information

Wed September 22, 2010

Caterpillar Sales Accelerate Across the Globe

NEW YORK (AP) Caterpillar Inc. said Sept. 17 that its worldwide machine sales leaped 37 percent in August, led by surging sales in Latin and North America. The results, announced in a regulatory filing, highlight a shift in the world’s appetite for construction and mining equipment....

Fri September 10, 2010

Foley Recognized by Caterpillar Emissions Solutions

Caterpillar Emissions Solutions (CES) recently recognized Foley Inc. in Piscataway, N.J., for outstanding performance in the retrofit market. Mike Kubas, VP Foley Power Systems, accepted the plaque for the team....

Wed September 08, 2010

Caterpillar to Expand Manufacturing in Brazil

PEORIA, Ill. (AP) Caterpillar Inc. plans to spend about $180 million to expand its manufacturing capacity in Brazil and meet growing demand in Latin America. The world’s largest maker of construction and mining equipment said Sept....

Josh Funk - AP BUSINESS WRITER - Wed August 25, 2010

Caterpillar Affirms Profit Goals For 2012

Heavy equipment maker Caterpillar Inc. is affirming its long-term goals, and officials say the economy has been improving this year. New CEO Doug Oberhelman and other executives met with analysts Aug. 19 in New York and discussed the opportunities ahead for the world’s largest maker of construction and mining equipment....

Fri August 13, 2010

Caterpillar to Build Manufacturing Plant in Texas

Caterpillar Inc., the world’s largest maker of construction and other heavy machinery, announced Aug. 12 it will build a hydraulic excavator manufacturing facility in Victoria, Texas, that will employ more than 500 workers....

Fri August 13, 2010

Caterpillar Picks N.C. for Equipment Plant, 500 Jobs

WINSTON-SALEM, N.C. (AP) Heavy-equipment manufacturer Caterpillar Inc. said July 30 it will build a parts plant for large mining machines and it expects to employ about 510 full-time and contract workers in five years....

Fri August 06, 2010

N.C. County OKs Bid for 400-Worker Caterpillar Plant

WINSTON-SALEM, N.C. (AP) North Carolina officials are assembling a package of tax breaks and other incentives worth up to $75 million to lure a new Caterpillar Inc. factory that would employ nearly 400 workers....

Thu August 05, 2010

Caterpillar Talks Paving, Challenges During Media Day

Caterpillar Paving Products Inc., recently held a media day to offer attendees a tour of its plant in Brooklyn Park, Minn. The day also served as an opportunity to address the challenges general contractors are facing without a six-year federal highway and transportation program....

Mon August 02, 2010

Mike Rowe Hits the Dirt With Caterpillar Customers, Dealers

Caterpillar Inc. is partnering with Mike Rowe, the creator and star of the Discovery Channel’s Dirty Jobs and founder of mikeroweWORKS.com. Rowe will be spending time with Caterpillar customers and dealers to get a real world perspective on their jobs and how the two partner to be successful....

Tue July 27, 2010

Caterpillar 2Q Profit Soars; Raises Outlook

Caterpillar’s second-quarter earnings shot up 91 percent with the heavy machinery manufacturer reporting robust sales of equipment for industries that range from mining and infrastructure to energy....