Ring Power Corporation has signed an agreement with Caterpillar Global Mining LLC ("CGM"), acquiring the distribution and support business of the former line of Bucyrus Mining Products acquired by Caterpillar in July 2011. This agreement allows Ring Power to provide a full spectrum of Cat mining products, services and support in north and central Florida.
The expanded line of mining products is utilized in both surface and underground mining and complements Caterpillar's existing lines. The range of products includes large electric rope shovels, hydraulic mining shovels, surface drills, underground drills, draglines, continuous mining machines and belt systems for underground mining as well as large electric-drive trucks.
"We are very happy to expand our offering to the mining industry customers in our territory," said David Alban, executive vice president of Ring Power. "As we work towards leveraging our network to serve as the distribution source for all mining products in our territory, stability, safety and world class customer service will remain our top priorities."
Over the past several months Ring Power has made significant investments in training, tooling and employees, working closely with Caterpillar to ensure a smooth transition for new and existing customers.?
For more information visit www.ringpower.com
