Mon November 08, 2010
Caterpillar’s New CEO Adds Chairman Title
PEORIA, Ill. (AP) Caterpillar Inc.’s new CEO Doug Oberhelman is now also chairman of the board of the world’s largest maker of mining and construction equipment. Oberhelman became chairman Nov....
Wed October 13, 2010
Caterpillar to Raise Prices Up to 2 Percent
DALLAS (AP) Heavy-equipment maker Caterpillar said it will raise prices up to 2 percent worldwide starting in January. The company said Sept. 30 the price increase was due to “industry factors” and the economy....
Fri October 01, 2010
Caterpillar Plans New Factory in China
PEORIA, Ill. (AP) Caterpillar Inc. plans to build a new plant in Asia to help meet the growing demand for equipment in China. The Peoria-based equipment company on Sept. 28 said the new factory in Wujiang, China, will produce mini-hydraulic excavators....
Wed September 22, 2010
Caterpillar Sales Accelerate Across the Globe
NEW YORK (AP) Caterpillar Inc. said Sept. 17 that its worldwide machine sales leaped 37 percent in August, led by surging sales in Latin and North America. The results, announced in a regulatory filing, highlight a shift in the world’s appetite for construction and mining equipment....
Fri September 10, 2010
Foley Recognized by Caterpillar Emissions Solutions
Caterpillar Emissions Solutions (CES) recently recognized Foley Inc. in Piscataway, N.J., for outstanding performance in the retrofit market. Mike Kubas, VP Foley Power Systems, accepted the plaque for the team....
Wed September 08, 2010
Caterpillar to Expand Manufacturing in Brazil
PEORIA, Ill. (AP) Caterpillar Inc. plans to spend about $180 million to expand its manufacturing capacity in Brazil and meet growing demand in Latin America. The world’s largest maker of construction and mining equipment said Sept....
Josh Funk - AP BUSINESS WRITER - Wed August 25, 2010
Caterpillar Affirms Profit Goals For 2012
Heavy equipment maker Caterpillar Inc. is affirming its long-term goals, and officials say the economy has been improving this year. New CEO Doug Oberhelman and other executives met with analysts Aug. 19 in New York and discussed the opportunities ahead for the world’s largest maker of construction and mining equipment....
Fri August 13, 2010
Caterpillar to Build Manufacturing Plant in Texas
Caterpillar Inc., the world’s largest maker of construction and other heavy machinery, announced Aug. 12 it will build a hydraulic excavator manufacturing facility in Victoria, Texas, that will employ more than 500 workers....
Fri August 13, 2010
Caterpillar Picks N.C. for Equipment Plant, 500 Jobs
WINSTON-SALEM, N.C. (AP) Heavy-equipment manufacturer Caterpillar Inc. said July 30 it will build a parts plant for large mining machines and it expects to employ about 510 full-time and contract workers in five years....
Fri August 06, 2010
N.C. County OKs Bid for 400-Worker Caterpillar Plant
WINSTON-SALEM, N.C. (AP) North Carolina officials are assembling a package of tax breaks and other incentives worth up to $75 million to lure a new Caterpillar Inc. factory that would employ nearly 400 workers....
