Wed February 12, 2003
Caterpillar Inc. and Oregon Dealer Pape Bros. Inc. Sign Asset Purchase Agreement
Caterpillar Inc. and Pape Bros. Inc. have announced an agreement in principle that will transfer ownership of assets from the Eugene, OR-based company and its affiliates to Caterpillar Inc.
Pape Bros....
Thu January 30, 2003
Caterpillar to Eliminate 500 Jobs
PEORIA, Ill. (AP) _ Caterpillar Inc. is eliminating about 500 jobs as part of an effort to streamline operations at several plants, although the employees will be given the opportunity to seek positions elsewhere in the company, Caterpillar said....
Wed January 15, 2003
Caterpillar 257 Multi-Terrain Loader
Bill Zack, of Zack Excavating, likes to be first. It doesn’t matter if it is racing cars on the weekend, bidding a job, or buying equipment. He likes to be the first one to try anything new. Being first has become an equipment purchasing philosophy for Zack....
Fri January 03, 2003
Camoplast to Acquire Caterpillar’s Rubber-Belted Track Component Business
Caterpillar Inc. and Camoplast, of Sherbrooke, Quebec, Canada, have announced that Camoplast will acquire Caterpillar’s rubber-belted track component business and will supply these components to Caterpillar for use in its Mobil-trac systems....
Tue December 31, 2002
Caterpillar Accused of Age Discrimination by Group of Former, Current Workers
PEORIA, Ill. (AP) - A group of former and current workers is accusing Caterpillar Inc. of using a performance evaluation system introduced last year to force older employees from the company.
Twenty-nine current and former Caterpillar workers have filed a lawsuit claiming the process was "misused by supervisors to discriminate against and to hasten the departure of older employees" because of their age.
A Caterpillar spokeswoman said Tuesday the evaluations were based solely on performance.
The older workers received good evaluations until Caterpillar introduced the new system in May 2001, said Peoria attorney Patricia Benassi, who filed the age discrimination lawsuit Friday in U.S....
Tue December 24, 2002
Leading Economist Joins Caterpillar Board
Caterpillar recently announced that Gail D. Fosler, senior vice president and chief economist of the conference board, was named to the Caterpillar Board of Directors, effective January 1, 2003.
Fosler directs the conference board’s worldwide economics research program, which produces the widely watched leading economic indicators, the consumer confidence index, the help-wanted index and the business confidence index....
Fri November 22, 2002
Increased Caterpillar Truck Engine Orders Reduce Need for Layoffs
Caterpillar improved fourth quarter customer demand for on-highway truck engines will reduce the number of temporary manufacturing shutdowns and employee layoffs at the company’s engine and fuel systems facilities previously announced on Oct....
Fri November 08, 2002
Caterpillar Announces New Governance Web Site on Cat.com
Caterpillar Inc. Group President Douglas R. Oberhelman discussed Friday during a conference call with financial analysts the importance of sound governance practices to the successful implementation of Caterpillar’s strategy in a difficult business environment....
Wed November 06, 2002
Caterpillar seeks court intervention in diesel dispute with Cummins
Heavy-duty diesel engine maker Caterpillar is again seeking court intervention in its dispute with rival Cummins over the technology behind a U.S. EPA-approved clean engine line.
Peoria, IL-based Caterpillar told the U.S....
Wed October 16, 2002
Caterpillar Vice Presidents Dave McKie, AJ Rassi Retire
Caterpillar Inc. has announced the retirement of two corporate officers. Retiring effective Dec. 31, 2002, are David A. McKie, vice president with responsibility for the Component Products & Control Systems Division, and A.J....
