Matt Buedel - Wed August 02, 2017
Caterpillar CFO to Retire Next Year
The chief financial officer at Caterpillar Inc. will retire early next year, concluding a career with the heavy machinery manufacturer that spans three decades. Brad Halverson joined Caterpillar in 1988 as an accountant and worked as a strategy and planning consultant in Geneva, Switzerland, in the mid-1990s before serving as CFO of the Engines Division and directing mergers and acquisitions....
Tue August 01, 2017
Euro Auctions to Hold First-Ever Hong Kong Sale
Euro Auctions, worldwide auctioneers of industrial plant, construction equipment and agricultural machinery, (that operates in the U.S. under the Yoder & Frey brand) is holding its first ever sale in Hong Kong on Thursday, Sept....
Tue August 01, 2017
Genie Announces Promotions in North America Sales Team
Committed to earning customers' business with responsive support, Genie announced August 1, the appointments of Dave Hubbell to vice president of national accounts, as well as the promotions of Paul Smith, Casey Brabham, Joe Broughton and Mitch Carlson to national accounts managers....
Mon July 31, 2017
UPDATE: Carolina CAT, Gregory Poole Help Outer Banks Residents Get Power Back
Residents and vacationers on Outer Banks islands in North Carolina have been forced to evacuate after a construction company damaged power cables on July 27. The trouble began when PCL Construction accidentally drove a steel casing into an underground transmission line on July 27 while they were working on building the new Herbert C....
Matt Buedel - Thu July 27, 2017
Caterpillar Expands Home-Buying Incentive Program
An incentive program established to encourage the sale of homes owned by relocated Caterpillar Inc. employees will expand next week to in some instances also cover purchases of property from people moving into the new home....
Michael Sheetz - Tue July 25, 2017
Caterpillar: Earnings Up Almost $1B From Last Year
Caterpillar reported better-than-expected second-quarter earnings before the bell on July 25, driving its shares up 5 percent in premarket trading. The company is raising its full-year guidance to $5.00 per share, from its previous outlook of $3.75 per share, as "disciplined" costs in the first half of the year allow new room for investment, according to the earnings report....
Dick Rohland - Tue July 25, 2017
Art, Technology, Minnesota Material Make Up New Museum
Blending art, technology and Minnesota building materials, construction is winding down on a new Bell Museum of Natural History and Planetarium on the St. Paul campus of the University of Minnesota. Scheduled to open in 2018, the 92,500 sq....
Fri July 21, 2017
AEM Names Two Directors From Well-Known Companies
The Association of Equipment Manufacturers (AEM) has elected Philip Kelliher, Vice President Americas & Europe Distribution Services Division of Caterpillar Inc., and David Thorne, Senior Vice President Worldwide Sales & Marketing, Construction & Forestry Division of Deere & Company, to the AEM CE Sector Board to fill unexpired terms....
Matt Buedel - Thu July 20, 2017
Caterpillar Director Nominated as U.S. Ambassador to Russia
A director of Caterpillar Inc. who has "offered invaluable wisdom" to the company's executives since 2012 has been nominated by President Donald Trump to be the next U.S. ambassador to Russia. Jon Huntsman Jr., joined the Caterpillar Board of Directors in 2012 after serving for two years as the U.S....
Matt Buedel - Tue July 18, 2017
Caterpillar Pledges Support on Tax Reform
Caterpillar Inc. is “ready to pull out all the stops” on a grass-roots effort to support the Trump administration's push for tax reform, according to a company executive who met with the president Monday....
