Tue December 04, 2001
Ford Motor Company and Caterpillar Form Logistics Alliance to Speed Parts Delivery
Ford Motor Company and Caterpillar Inc. have entered into a software alliance to develop a world-class logistics information system to increase the speed at which service repair parts are delivered to market.
Ford and Caterpillar will jointly define the alliance’s strategic direction and develop an operating blueprint for the future, with the new system and processes phased in over the next few years.
"Customer satisfaction is Ford Motor Company’s ’number one’ priority, and this software alliance with Caterpillar and the logistics services Cat will provide will be key enablers in achieving our best-in-class customer service satisfaction objectives," said Don Johnson, director, Global Parts Supply & Logistics, Ford Motor Company.
The new technology will support Ford’s expanded efforts to work with its dealers to provide improved service to the end customer....
Sat October 27, 2001
Caterpillar, Komatsu Lead Array of Projects in Sioux Falls, SD
Heavy equipment is on the job throughout Sioux Falls, SD. Komatsu and Caterpillar equipment is working for contractors on three different projects in the area. The projects include earthmoving work on the south side of the Southeast Technical Institute on Career Avenue and at the South Dakota Army National Guard on Benson Road off Highway 229, as well as road construction off of Russell Street....
Thu October 18, 2001
Caterpillar Reports Third-Quarter Results
Caterpillar Inc. reported third-quarter sales and revenues of $5.06 billion and profit of $205 million, or 59 cents per share. Sales and revenues were $277 million higher than third-quarter 2000, as a result of a 6 percent increase in physical sales volume and a 9 percent increase in financial products revenues.
Company profit was $11 million, or 5 percent lower than third-quarter 2000, which was favorably impacted by a nonrecurring $39 million tax adjustment at Caterpillar Brasil Ltd....
Sat April 14, 2001
Caterpillar Reports First-Quarter Results, Reaffirms Outlook
Caterpillar Inc. today reported first-quarter sales and revenues of $4.81 billion and profit of $162 million or 47 cents per share. "Our first-quarter results reflect continued difficult business conditions around the world, but are in line with our expectations for a weaker first half....
Wed February 14, 2001
Schlouch Paves the Way to Success With Caterpillar Fleet
When Schlouch Incorporated launched its paving division in 1998, owner Barry Schlouch knew that only one thing was needed for the division to succeed: quality.
Since its inception, the paving division of Schlouch Incorporated has laid approximately 8,000 tons (7,200 t) of pavement each year, using strictly Caterpillar equipment purchased from Giles & Ransome, Allentown, PA....
Wed February 14, 2001
Caterpillar Dedicates ’Bountiful Valley Farm’ at Disney’s California Adventure Par
Caterpillar Inc. officials dedicated Bountiful Valley Farm at Disney’s California Adventure Park in Anaheim,CA. A key attraction at the new 55-acre theme park, Bountiful Valley Farm brings together the educational fun of Disney with Caterpillar’s product innovations for farming.
A focal point of the farm is the Caterpillar tractor yard, where a Challenger 55 and a Challenger 95E will be on display....
Wed January 31, 2001
Caterpillar Enlists Seasonal Layoffs
About 2,500 Caterpillar Inc. employees are temporarily out of work without pay while the company shuts down some plants as part of an effort to bring production in line with demand.
About 1,500 of the affected employees work at Caterpillar’s Mossville truck engine plant and 977 work at the track-type tractor facility in East Peoria....
Fri January 19, 2001
Caterpillar Profit Up, Sees 2001 Decline
Caterpillar Inc. said its fourth quarter earnings rose 10 percent, beating Wall Street’s estimates, but the company forecast a 5 to 10 percent decline in profits in 2001.
Peoria, IL-based Caterpillar said it earned $264 million or 76 cents per share in the latest quarter, compared with $239 million or 67 cents a share a year earlier.
Higher sales volume, a favorable tax adjustment and manufacturing efficiencies were offset by the negative impact of the strength in the dollar, especially against the euro.
According a First Call/Thomson Financial survey of 15 analysts, the mean estimate was for a profit of 64 cents per share.
In what Caterpillar described as a "difficult global business environment", it reported a 1.8 percent increase in fourth quarter sales and revenue to $5.11 billion from $5.02 billion a year ago.
For 2001, Caterpillar said it expected sales to be flat, weighed down by a decline in North American sales of construction equipment....
Wed January 17, 2001
Caterpillar Acquires Forestry Equipment Dealer Pioneer Machinery
Caterpillar Inc. has purchased forestry equipment dealer Pioneer Machinery, Inc. Caterpillar will also purchase an affiliated used equipment company, Ironmart Inc., and finance company, Federal Financial Services Inc....
Mon December 25, 2000
Caterpillar to Acquire Track Feller Buncher Line
Caterpillar Inc. has signed a letter of intent to acquire the Timberking track feller buncher intellectual property from Canadian forest products equipment manufacturer Risley Manufacturing, Ltd. The acquisition of Risley Manufacturing’s track feller buncher (TFB) line adds several new models to the Caterpillar product line....
