Company News: Caterpillar
Updated: 15 Sep 2009
For more than 80 years, Caterpillar Inc. has been building the world's infrastructure and, in partnership with its worldwide dealer network, is driving positive and sustainable change on every continent. With 2005 sales and revenues of $36.34 billion, Caterpillar is a technology leader and the world's leading manufacturer of construction and mining equipment, diesel and natural gas engines and industrial gas turbines.
2005 sales and revenues of $36.34 billion were up $6.03 billion, or 20 percent, from 2004 The increase was a result of $3.72 billion of higher sales volume, $1.827 billion of improved price realization and a $363 million increase in Financial Products revenues. Approximately half of all sales were to customers outside of the United States, maintaining Caterpillar's position as a global supplier and leading U.S. exporter.
Also Known as: CAT
Business Category Manufacturer
Regions of Operation North America; Latin America; Caribbean; Europe; Central and Northern Asia; Middle-East Asia; South-East Asia; North Africa; Central and East Africa; Southern Africa; West Africa; Australasia
Exchange Ticker CAT
Web: http://www.cat.com
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26 Jan 2009
Cat Financial Announces 2008 Year-End Results - CFSC-Final-Release.pdf
Caterpillar Financial Services Corporation (Cat Financial) today reported record revenues of $2.999 billion for 2008, an increase of $1 million, compared with 2007.
22 Dec 2008
Caterpillar Announces Cost Cutting Measures in Response to Economic Uncertainty
PEORIA, IL - Citing the continued deterioration of conditions in many of the markets its customers serve and on-going uncertainty in credit and financial markets, Caterpillar Inc. (NYSE: CAT) today announced cost cutting steps including significant compensation reductions for executives in 2009 as well as other compensation reductions for management and support staff.
18 Dec 2008
Caterpillar Introduces New XQ45 and XQ60 Rental Diesel Generator Sets with ACERT Technology
EORIA , Ill. USA – Caterpillar Inc. introduces two new mobile diesel rental generator sets, the XQ45 and XQ60, which both feature ACERT® Technology to meet new Environmental Protection Agency (EPA) emissions requirements without sacrificing performance.
18 Jan 2008
Caterpillar Announces Indefinite Layoffs for Production Employees at its Mossville, Illinois Engine Assembly Facility
PEORIA, IL - Caterpillar Inc. (NYSE: CAT) today notified 814 production employees at its Mossville, Illinois engine assembly facility that the company would indefinitely lay off those employees. In recent months, production volumes at the Mossville engine facility have decreased significantly.
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Most Recent Company News
- Finning's US$400 million Codelco sale - 23 Feb 2010 5:04pm
Finning International has announced that its South American division has received a Letter of Intent from Codelco that includes the supply of 20 Caterpillar 797 mining trucks and 15 pieces of support equipment, plus a maintenance and repair contract. Read more... - Cat truck deal for Scottish Coal - 10 Feb 2010 5:49pm
Finning UK has received an order from Scottish Coal, part of the Scottish Resources Group, for 10 Caterpillar 785D off-highway haul trucks Read more... - Body beautiful - 09 Dec 2009 1:51pm
Paul Moore takes an in-depth look at the worldwide truck-body market, from the manufacturers to the independent players Read more... - Finning delivers to Shell Albian - 01 Dec 2009 5:11pm
Finning International has announced that its Canadian division has secured a sale of seven Caterpillar 797 mining trucks and nine D11 track-type tractors to Shell Canada Energy. Read more... - Compact Cat roars ahead - 25 Nov 2009 5:31pm
A dedicated tunnel-constructor version of the Caterpillar 328D LCR compact radius excavator is proving highly productive at the A9 Autoroute project in Switzerland Read more... - Caterpillar announces ODS to improve driver safety - 11 Nov 2009 10:23am
Caterpillar has formally announced the introduction of its Integrated Object Detection System (ODS), designed to enhance mine-site safety Read more... - The F Series - 11 Nov 2009 10:23am
Carly Lovejoy reviews the official launch of Caterpillar’s 793F, 795F AC and 797F series trucks, and visited Freeport McMoRan’s Sierrita mine to see the 793F in action Read more... - Haul truck future - 14 Oct 2009 11:53am
Times have been hard for the major truck manufacturers with a number of major mining projects on hold, particularly pressurising the ultra-class market where the key contracts are relatively few and far between, compared to lower-capacity classes. The following details developments at Caterpillar and Liebherr, but also reveals for the first time BELAZ’s plans to roll out key models in North America. Read more... - Simformotion launches Gen II hardware - 11 Sep 2009 1:59pm
Simformotion, a leader in heavy equipment simulator training solutions has announced the release of its new Gen II hardware for Caterpillar’s simulator product line Read more... - Caterpillar: tractors to giants - 09 Sep 2009 3:08pm
Probably the world’s most famous maker of mining machines, Caterpillar came from humble beginnings in the farming industry of the 1890s to make some of the largest and most advanced equipment in the market Read more... - Family presence ends at Lovat - 10 Aug 2009 5:00pm
Having purchased TBM-maker Lovat just over a year ago, Caterpillar announced recently that both Lovats – father and son – have voluntarily left the company. Read more... - RETC hits a high in Vegas - 10 Aug 2009 4:59pm
World Tunnelling editor George Demetri ‘tunnelled’ down to Las Vegas, US, to attend RETC – one of the tunnelling industry’s most important events. Here he reports on what went down. Read more... - Cat F series nears full production - 03 Aug 2009 3:44pm
Caterpillar is making rapid progress with the development of its Cat 793F, 797F and 795F AC trucks which were unveiled at MINExpo 2008. Read more... - Central African Gold lifts Bibiani - 22 Aug 2008 12:00am
CENTRAL African Gold plc (CAG) has lifted output from its Bibiani underground gold mine in Ghana following equipment upgrades and a revamp of its processing plant. The company said underground output had increased by 16% to 33 500t/mth at 2.6g/t Au in July from 29 000t/mth at 2.4g/t in June. Read more...
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