Fri February 12, 2016
IronPlanet/Cat Auction Services Draws Praise From Cat CEO
IronPlanet's February 2016 Cat Auction Services sale got off to a big start on February 8th and has continued its momentum throughout the week. Caterpillar Chairman and Chief Executive Officer Doug Oberhelman visited the Cat Auction Services auction site where there is an impressive line-up of used Cat equipment, as well as a broad selection of equipment from other OEMs, construction and rental companies, dealers and national retailers....
Thu February 11, 2016
Caterpillar Names Official Dealer for Cuba
Caterpillar Inc. has announced that it has selected Rimco, a privately owned Puerto Rico-based company, to be the Cat dealer for Cuba. Currently, Rimco serves as the Cat dealer for Puerto Rico and the Eastern Caribbean....
Mon February 08, 2016
Caterpillar Closing Five Plants, Cutting 670 Jobs
Caterpillar said it plans to close five plants, causing a net reduction of about 670 jobs in Illinois and several other states, as part of a broader cost-cutting campaign announced last year. The mining and construction equipment company will cut about 230 jobs for office and production workers at a major manufacturing campus in East Peoria, Ill., where Caterpillar said it's consolidating some manufacturing and transferring some work to outside contractors....
Wed January 27, 2016
Caterpillar Reports Loss, But Tops Expectations
NEW YORK (AP) - Caterpillar Inc. reported a fourth-quarter loss as sales for equipment continued to slide amid weakness in the mining and energy industries. Still, the results topped Wall Street expectations as the construction and mining equipment maker continues feeling the pain of lower commodity prices and a weakening global economy....
Tue January 26, 2016
Caterpillar Inc. Announces Denise Johnson as New Group President
Caterpillar Inc. announced that the company's board of directors has elected Denise Johnson, currently vice president with responsibility for the Material Handling & Underground Division, as group president of Resources Industries....
Mon January 25, 2016
Judge Dismisses Antitrust Suit Against Caterpillar
The Wall Street Journal is reporting that theU.S. District Judge in Delaware dismissed an antitrust lawsuit accusing Caterpillar Inc.and other heavy-equipment makers of conspiring to thwart an online seller of Chinese construction equipment....
Mon January 25, 2016
Caterpillar Ventures Invests in Off-Grid Energy Access Solutions
Caterpillar Venture Capital Inc has announced that the company has made an equity investment in Powerhive, an energy solutions provider for emerging markets. Caterpillar Ventures is one of eight investors in a $20M Series A round, which was led by Prelude Ventures and also includes First Solar, Total Energy Ventures and Tao Capital Partners....
Fri January 22, 2016
Caterpillar to Display Advanced Tech at BAUMA 2016
Caterpillar and its German dealer, Zeppelin Baumaschinen GmbH, will exhibit a suite of technologies, services and equipment at bauma 2016 under the theme “Built for It.” In display space totalling more than 8200 square metres, the company will showcase safety, productivity and equipment management solutions, as well as more than 60 Cat®products, a large selection of work tools and a full complement of dealer-delivered support services—all designed to make customers more successful....
Fri January 22, 2016
Caterpillar Introduces Hand, Foot Controls
For the first time, hand and foot controls will be offered on Cat skid steer, multi-terrain and compact track loader models. Operators who prefer this type of control can now take advantage of the full suite of features and benefits that the Cat D Series loaders deliver....
Fri January 22, 2016
Caterpillar Announces New Flow C Mulching Heads
Two new mulching heads now available on Cat Mulchers provide increased versatility and performance in various land management applications. The standard and high flow C Series mulching heads are designed for cutting and mulching of vegetation, saplings and undergrowth from overgrown agricultural areas and forested terrain....
