Navistar International Corporation and Caterpillar Inc. (NYSE: CAT) closed a joint venture transaction resulting in a new company, NC2 Global LLC, to serve the global commercial truck market. Navistar and Caterpillar first announced plans to form a joint venture in June 2008 and have identified the leadership team of the new entity that will establish its headquarters in the Chicago area.
For more information on this new joint venture, click here.
