Tags: Caterpillar

GET the right equipment for your excavator bucket

Nov 14, 2015

GET the right equipment for your excavator bucket

Large hydraulic excavators are often used for production loading at the quarry face. As primary production tools, these machines set the pace for the entire mining operation. The bucket and teeth at the end of the excavator stick can affect ...

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Thousands of Caterpillar employees take early retirement as cuts continue

Oct 28, 2015

Thousands of Caterpillar employees take early retirement as cuts continue

As Caterpillar begins its extensive workforce cuts around the world, thousands of employees have decided to take an offer of early retirement. Since announcing a cost-cutting plan in September, Caterpillar has laid off hundreds at its East Peoria plant and announced the ...

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Caterpillar CEO voices confidence in strength of key industries despite 64% profit decline in 3Q

Oct 25, 2015

Caterpillar CEO voices confidence in strength of key industries despite 64% profit decline in 3Q

After preparing everyone last month for the likelihood of continued bad news on the financial front with the launch of an extensive cost-cutting plan, Caterpillar has announced another down quarter with double digit decreases to both sales and profit. Cat sales ...

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Caterpillar to cut 230 workers in East Peoria; may move Joliet parts production to Mexico

Oct 14, 2015

Caterpillar to cut 230 workers in East Peoria; may move Joliet parts production to Mexico

The first workforce cuts of Caterpillar's recently announced, extensive cost-cutting plan will come at the company's East Peoria, Illinois plant. According to a report from the Peoria Journal Star, Cat will lay off 230 employees in East Peoria. The announcement came days after the company ...

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Caterpillar closes headquarters of global mining division, moves jobs to different facility

Oct 08, 2015

Caterpillar closes headquarters of global mining division, moves jobs to different facility

Just weeks after Caterpillar announced a massive cost reduction plan and the departure of the top mining executive, the equipment manufacturer has decided to close down its global mining equipment headquarters in Oak Creek, Wisconsin. The good news for the employees at the ...

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Caterpillar plans up to 10,000 job cuts as part of extensive $1.5 billion cost reduction plan

Sep 27, 2015

Caterpillar plans up to 10,000 job cuts as part of extensive $1.5 billion cost reduction plan

In the midst of a third straight year of down sales and revenues, Caterpillar has announced further cost cutting and restructuring in order to lessen the impact of what will likely be off a fourth-straight down year in 2016—a first in ...

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Caterpillar mining VP retires amid leadership shakeup

Sep 27, 2015

Caterpillar mining VP retires amid leadership shakeup

Chris Curfman, the chief mining executive at Caterpillar, will retire at the end of the year, ending a more than 20-year career at the company. Caterpillar announced the move this week amid big changes for the company, including a massive $1.5 billion cost ...

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Top Operations: Southwestern Rock Products’ Queen Creek Plant

Sep 23, 2015

Top Operations: Southwestern Rock Products’ Queen Creek Plant

« Click here to return and cast your vote for the Queen Creek Operation in the Top Operations contest   Click here to return to see all the entries in the Top Operations contest »   Southwest Rock Products uses common-sense ideas to keep ...

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Caterpillar to lay off another 475 employees

Aug 30, 2015

Caterpillar to lay off another 475 employees

Caterpillar has announced another round of layoffs, this time releasing 475 employees as the company's cost-cutting efforts in the face of waning demand continue. According to a report from the Peoria Journal Star, the cuts will affect staff in the Customer Services Support ...

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Caterpillar a primary target of insider trading ring busted for hacking access to press releases

Aug 26, 2015

Caterpillar a primary target of insider trading ring busted for hacking access to press releases

Caterpillar company secrets were a favorite target for an alliance of hackers and stock traders busted by U.S. officials earlier this month for insider trading that reaped tens of millions in illegal profits. According to a report from the Wall Street Journal, ...

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Supply Lines: Meet the workhorses among wheel loaders

Aug 19, 2015

Supply Lines: Meet the workhorses among wheel loaders

Production loader Caterpillar’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 operator and ...

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Making sense of the split: Don’t worry about Navistar, but where will Caterpillar find its 15-liter truck engine?

Aug 03, 2015

Making sense of the split: Don’t worry about Navistar, but where will Caterpillar find its 15-liter truck engine?

The big news story last week was, of course, Cat and Navistar breaking up. At first brush, given Navistar’s fresh troubles with a brand-new EPA lawsuit, you’d be forgiven for thinking Cat’s move was a sign of more trouble in Lisle, ...

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