Log Max of Grangarde, Sweden, will purchase Caterpillar’s line of cut-to-length harvesters and forwarders used in the forestry industry. The cut-to-length business is highly specialized and requires dedicated focus, said Gerald Palmer, vice president of Caterpillar’s wheel loader and excavator division, which has responsibility for forestry products. Caterpillar approached Log Max to acquire the two lines. Under the agreement, Log Max’s subsidiary company will acquire Caterpillar’s facility in S
