Tags: Caterpillar

Caterpillar to close 5 more plants, cut 670 jobs as part of cost reduction plan

Feb 02, 2016

Caterpillar to close 5 more plants, cut 670 jobs as part of cost reduction plan

As part of the company's cost reduction plan introduced in the Fall of last year, Caterpillar has announced its latest round of layoffs with cuts affecting five facilities around the U.S. According to a report from the Associated Press, Cat will eliminate a total ...

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Caterpillar profit fell 43% in 2015; 4Q loss comes as construction, mining sales weaker than expected

Feb 01, 2016

Caterpillar profit fell 43% in 2015; 4Q loss comes as construction, mining sales weaker than expected

Despite slashing its sales outlook in tandem with an October announcement of a sweeping cost reduction plan, Caterpillar's full-year sales still fell below that most recent forecast after sales fell $3 billion year over year in the fourth quarter. The company reported 4Q sales and ...

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Judge throws out ICP’s antitrust suit against Caterpillar, Komatsu and Volvo CE

Jan 27, 2016

Judge throws out ICP’s antitrust suit against Caterpillar, Komatsu and Volvo CE

A lawsuit filed against three of the largest manufacturers of construction equipment alleging that they worked together to limit competition from Chinese manufacturers has been thrown out of federal court. According to a report from the Wall Street Journal, U.S. District Judge Richard ...

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Johnson to replace Rapp as president of Caterpillar’s Resource Industries group

Jan 19, 2016

Johnson to replace Rapp as president of Caterpillar’s Resource Industries group

The Caterpillar board of directors has elected Denise Johnson as the next group president for Resource Industries. Johnson will replace Ed Rapp who last month announced his plans to retire due to a recent diagnosis of Amyotrophic Lateral Sclerosis (ALS), better known ...

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Rollouts – January 2016

Jan 05, 2016

Rollouts – January 2016

Cone crusher gives high output Terex Finlay launched a new cone crusher in its line of mobile cone crushers. The C-1554 features the Terex MVP450x cone crusher with an all-in feed, direct variable-speed clutch drive, and a hydraulic closed-side settling adjustment. ...

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Caterpillar says compact wheel loader is the fastest growing compact machine in North America

Dec 28, 2015

Caterpillar says compact wheel loader is the fastest growing compact machine in North America

Compact wheel loaders have been the fastest growing compact machine in North America year, says B. J. Meier, senior product engineer, Caterpillar. As of early November, unit sales for these machines shot up 30 percent in 2015. Still, compact wheel loader ...

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Caterpillar’s online fleet management quiz is quick way to get acquainted with telematics

Dec 09, 2015

Caterpillar’s online fleet management quiz is quick way to get acquainted with telematics

Much of Caterpillar's focus as of late, beyond its corporate focus of drastically reducing costs, has been on technology. Specifically, outfitting machines with more technology and sensors so that Cat customers are able to mine the most minute operation data ...

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25 Days of RollOuts: Caterpillar’s 745C artic truck

Dec 01, 2015

25 Days of RollOuts: Caterpillar’s 745C artic truck

Cat’s 745C articulated truck includes an engine that meets Tier 4 Final emission standards, as well as new transmissions with expanded electronic control, automatic traction control, automatic retarder control, hill assist and waiting brake systems, and an optional payload weighing ...

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Aggregates Manager’s Top 25 Rollouts of 2015

Dec 01, 2015

Aggregates Manager’s Top 25 Rollouts of 2015

How we made our choices When we ask readers how we can best help them keep track of changes in the products and services they use to produce aggregates, almost everyone wants an annual short list of the really important stuff. No ...

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Caterpillar to close Kentucky plant, cut 50 jobs

Nov 23, 2015

Caterpillar to close Kentucky plant, cut 50 jobs

As part of the company's ongoing, extensive cost-cutting plan, Caterpillar announced over the weekend that it would close its Danville, Kentucky, facility. According to the Northern Kentucky Tribune, Cat will close the facility, which manufactures track-type undercarriage components, and move production to ...

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Caterpillar lays off hundreds more, announces plant closing in North Carolina

Nov 18, 2015

Caterpillar lays off hundreds more, announces plant closing in North Carolina

With thousands of the company's employees already accepting early retirement packages and hundreds more having received notice of being laid off, Caterpillar has wasted no time in implementing its sweeping cost reduction plan announced in September. And over the last few weeks, ...

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Caterpillar introduces MD5075C track drill with updated cab and controls

Nov 15, 2015

Caterpillar introduces MD5075C track drill with updated cab and controls

Caterpillar has introduced its MD5075C track drill, a replacement for the MD5075, with updates to the cab, touch screen navigation and control system. The new pressurized cab provides multiple shutdown options and more responsive controls than the previous model, and is ...

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