Tag: Cat dealers: Page 2

Dealers

Cat Financial reports 7% increase in 2Q revenues

Cat Financial reported an increase of $47 million for the second quarter over the same period a year ago. More information here on Equipment World.

August 3, 2018

Dealers

Foley Equipment opens 30,000-sq.-ft. facility in Colby, Kan.

The doors opened for business on April 16. The 30,000-square-foot site more than doubles the square footage of Foley Equipment’s previous location.

June 7, 2018

Dealers

Business Roundup: Cat NA sales up 23%; Fecon opens up dealer portal to customers; Cat appoints new VP for building construction; Ariz. dealer wins top Ditch Witch honor; Elliott Equipment celebrates 70 years; Closner takes home top Roadtec dealer award

Caterpillar N. American dealer retail sales rise 23% in Jan. Caterpillar North American dealer total machine retail sales continued their double-digit rise, with January sales rising 23 percent compared to the previous year, mirroring December’s 23 percent year-over-year rise. Looking at just the construction portion of these retail sales statistics, North American Cat dealers saw […]

February 26, 2018

Dealers

Cat dealers unite: Foley Inc., of N.J. acquires Giles & Ransome of Penn.

Foley, Inc. of Piscataway, New Jersey, has bought Giles & Ransome, Inc., headquartered in Bensalem, Pennsylvania. The acquisition brings together two Caterpillar dealers with 160 years of combined industry experience. Both dealerships and Caterpillar agreed on the transaction. “Our vision is to create customer experiences that create customers for life, and we believe that the […]

February 9, 2018

Roadbuilding

Foley Equipment holds grand opening in $19M HQ in Wichita

Foley Equipment of Wichita, Kansas, recently moved into a new $19 million, 146,000-square-foot headquarters. The family-owned company celebrated with a grand opening on November 17. The Caterpillar construction equipment dealer has grown from a single store in 1940 to operations spanning 144 counties throughout Kansas and western Missouri. Foley broke ground on the facility’s […]

November 29, 2017

Roadbuilding

Business Roundup: Cat accuses Wirtgen of patent infringement; P2P rentals, online equipment sales aren’t here to disrupt dealers; LiuGong global dealer conference; Thompson Cat adds Prinoth Panther

Cat fires back at Wirtgen with patent infringement complaint; ITC investigating The U.S. International Trade Commission (ITC) on Nov. 22 said it will investigate allegations by Caterpillar that German manufacturers Wirtgen GmbH and Joseph Vögele AG violated patent laws. The probe is based on a complaint filed by Cat on October 26, a complaint that is nearly […]

November 28, 2017

Dealers

Cat dealer given OK to establish distribution center in Cuba

Almost two years after Caterpillar—then symbolically—named Rimco as its dealer in Cuba, the Miami Herald is reporting that Cat’s Puerto Rican dealer has been given the OK to set up a warehouse and distribution center in the country. And a Cuban newspaper has reported that a shipment of John Deere agricultural equipment was expected to […]

November 6, 2017

Roadbuilding

Cat dealers to offer Kennametal cutting tools for mixing, road milling

Caterpillar has reached an agreement with Kennametal that will allow the heavy equipment manufacturer to supply customers with special order rotors and diamond and carbide cutting tools for mixing and road milling applications. Cat says the Kennametal tools will be available at Cat dealerships around the world immediately and will be backed by support. “This […]

October 10, 2017

Dealers

Cat dealer Cleveland Brothers helps form gas compression degree

The largest Cat dealer in Pennsylvania, Cleveland Brothers, has formed a partnership to create a two-year associate degree to train technicians in the natural gas compression industry and provide tuition reimbursement for select students. The degree will be offered this fall at the Central Pennsylvania Institute of Science and Technology (CPI) in Centre County. Ariel […]

September 6, 2017

Construction Equipment

Cat’s Yard Club acquisition wasn’t really about equipment sharing

When news broke in May that Caterpillar had acquired peer-to-peer (P2P) equipment service Yard Club, it raised a lot of eyebrows in the heavy equipment and construction industries. The deal, terms of which were never disclosed, gave considerable weight to the notion that P2P equipment rental services, which allow contractors to rent machines in their […]

August 18, 2017

Dealers

Largest Cat dealer Finning Q2 revenue jumps 21%

Second quarter revenue for the largest Caterpillar distributor Finning International jumped 21 percent to $1.58 billion, compared to the same period last year, driven by a 46-percent increase in new equipment sales on a consolidated basis. The company also cites product support revenue growth of 13 percent, indicating all operations reported higher parts demand. “Our […]

August 15, 2017

Technology

Fixed-wing eBee Plus surveying drone coming to Cat dealers through Airware/senseFly partnership

Commercial drone technology company Airware has announced a partnership with another drone manufacturer that will add a different type of aircraft to the company’s current offerings. Airware, which sells drones and end-to-end mapping solutions to construction, mining, surveying and other business customers, currently offers only rotary drones (those driven by a number of rotors). But through a […]

April 26, 2017