Tags: Caterpillar

Komatsu profit up 5.5 percent in 3Q

Jan 29, 2015

Komatsu profit up 5.5 percent in 3Q

  Helped by a weakening of the yen against the U.S. dollar as well as increased equipment sales in the Americas and Europe, Komatsu posted gains in both profit and sales during its fiscal third quarter. For the quarter, which ended December 31, ...

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Caterpillar full-year earnings dip with bad 4Q; 2015 doesn’t look good either

Jan 27, 2015

Caterpillar full-year earnings dip with bad 4Q; 2015 doesn’t look good either

For a second consecutive year, Caterpillar sales and profit have fallen. And in addition to the slump in demand for mining equipment that has plagued the company for the last two years, Cat is now contending with falling oil prices, ...

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Caterpillar to lay off 240 workers at Illinois mining plants

Jan 12, 2015

Caterpillar to lay off 240 workers at Illinois mining plants

Caterpillar will lay off 240 workers across two of its Illinois plants as the company continues to cope with a global decline in demand for mining equipment. The company told the Chicago Tribune it will begin the layoffs January 19 at its Decatur ...

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Caterpillar shares fall hard following analyst downgrades

Jan 07, 2015

Caterpillar shares fall hard following analyst downgrades

While the falling price of oil has been delighting consumers at the pump across the U.S. for the last couple of months, the situation recently became decidedly less delightful for Caterpillar executives. Shares of the Peoria, Illinois-based heavy equipment maker dipped 5 ...

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Take a look at Cat’s 6020B hydraulic shovel

Jan 05, 2015

Take a look at Cat’s 6020B hydraulic shovel

Caterpillar unveiled its new 6020B hydraulic shovel before customers and the press at its Tinaja Hills proving grounds in November. With a 24-ton payload, the 247-ton unit is well matched with the Cat 777G haul trucks. “Today is a day I’ve ...

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Cat introduces more powerful wheel loaders

Dec 26, 2014

Cat introduces more powerful wheel loaders

  Cat 950M and 962M wheel loaders, powered by a Cat C7.1 Acert Tier 4 Final engine, are significantly more powerful than their K-Series predecessors and deliver 10-percent better fuel efficiency. The 950M has a net rating of 230 horsepower, while ...

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Caterpillar celebrates 85 years on New York Stock Exchange

Dec 26, 2014

Caterpillar celebrates 85 years on New York Stock Exchange

Caterpillar  Chairman and CEO Doug Oberhelman rang the opening bell Dec. 22 on the New York Stock Exchange in celebration of the company's 85th anniversary on the NYSE. Caterpillar is among only two percent of the 3,200 companies on the NYSE ...

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Caterpillar makes leadership changes, announces new CIO

Dec 23, 2014

Caterpillar makes leadership changes, announces new CIO

At the head of several changes in Caterpillar’s corporate leadership, the company has named a new chief information officer and vice president with responsibility for the Global Information Services Division in Julie Lagacy. A 26-year veteran of the company, Lagacy previously ...

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VIDEO: Caterpillar builds world’s tallest sand castle, then destroys it

Dec 12, 2014

VIDEO: Caterpillar builds world’s tallest sand castle, then destroys it

Caterpillar got to play in the sand, but this was no ordinary sandbox found in a client’s backyard. In fact, the company did much more than just play in the sand – it built the Guinness World Record-setting tallest sand castle ...

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25 Days of RollOuts: Wheel Loader

Dec 10, 2014

25 Days of RollOuts: Wheel Loader

Caterpillar Wheel loader bumps payload Cat’s 990K wheel loader offers more power and increased payload for improved productivity and fuel efficiency. It features a redesigned cab that delivers a sleek operator interface and quiet environment, as well as several features to promote ...

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25 Days of RollOuts: Artic Truck

Dec 09, 2014

25 Days of RollOuts: Artic Truck

Caterpillar More powerful artics The Cat 730C articulated dump truck features a new engine with more power, advanced transmission control, enhanced operator amenities, new serviceability features, and automatic traction control. The design centers on customer requests for increased productivity, lower operating costs, ...

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Insight on $300 million worth of heavy equipment stolen in 2013

Dec 05, 2014

Insight on $300 million worth of heavy equipment stolen in 2013

Nearly $300 million worth of construction and other heavy equipment was stolen in 2013 with only 21 percent of it recovered, according to the latest theft report from the National Insurance Crime Bureau and the National Equipment Register. The majority of thefts occurred ...

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