Tag: Caterpillar: Page 28

Dealers

Caterpillar Q2 sales up 9.5%, profit jumps 45%

Caterpillar’s second quarter 2017 sales and revenues increased by 9.5 percent compared to 2016, reaching $11.3 billion. In response the company released an improved outlook for the remainder of the year. “Our team delivered an impressive quarter. As demand increased, we continued to control costs and generated higher profit margins,” says CEO Jim Umpleby regarding […]

July 25, 2017

Dealers

Equipment Roundup: Cat, Ditch Witch visit White House; Hood scoop key on 2017 Chevy HD trucks; Volvo LX1 50% less fuel burn ; Ram unveils new trucks; House ELD delay

Hood scoop key piece in Chevy’s creation of its most powerful HD pickups yet Chevy’s 2017 Silverado 2500 and 3500 pickups aren’t just special to the automaker because they’re new. Thanks to the 6.6-liter Duramax diesel at the heart of these heavy duty pickups, Chevy says these are the most powerful vehicles it has ever […]

July 25, 2017

Dealers

INFOGRAPHIC: Wheel loader sales and buyer trends

A snapshot of new and used sales trends from Randall-Reilly’s Equipment Data Associates and TopBid auction price service.

July 21, 2017

Construction Equipment

Cat, Ditch Witch machines visit White House as Trump promises ‘Made in America’ revival

Caterpillar and Ditch Witch kicked off a special week at the White House focusing on American manufacturing with two of the largest examples of “Made in America” goods the country has to offer. On Monday, the Trump administration held a “Made in America product showcase,” inviting one manufacturer from each of the 50 states to […]

July 18, 2017

Construction Equipment

Adapting Dozers: Changes to mid-size and larger models, make them more versatile, productive

Construction equipment manufacturers typically answer customer demands by making equipment more versatile, durable and productive. That’s fine for skid steers and toolcarriers, but what about purpose-built machines? Dozers, for example. There’s no market for dozer-mounted augers. No one uses a dozer for snow removal. If a dozer’s primary applications are to push dirt and grade, […]

July 10, 2017

Construction Equipment

Caterpillar developing robotic bricklayer/3D home printer with Fastbrick in new deal

Fastbrick Robotics, an Australian company developing a robotic bricklayer, has signed a Memorandum of Understanding with Caterpillar, a deal that will further develop Fastbrick’s technology, which is capable of 3D printing homes and other structures. Cat says the new partnership will see the two companies working together in the development of robotic bricklaying technology including the […]

July 5, 2017

Dealers

LiuGong names Kevin Thieneman to two major executive positions

LiuGong Machinery has named Kevin Thieneman as chairman of LiuGong North America and senior chief director of Guangxi LiuGong Machinery. “We are excited that Kevin has decided to join our organization,” says LiuGong Chairman Zeng Guang’an. “He brings a wealth of knowledge and experience to LiuGong both in North America and in the global market […]

June 28, 2017

Construction Equipment

Cat excavator makes cameo in “Transformers: The Last Knight”

The latest of what feels like 100 Transformers movie sequels has hit theaters and we know you’re probably itching for the weekend for a chance to see what explosion fanatic and director of movies Michael Bay has in store for us in “The Last Knight.” (And if you’re anything like me it will be […]

June 22, 2017

Business

Cat invests in Alight to combine machine data with mining forecasts

Caterpillar’s Venture Capital arm has invested in Alight, a tech company that develops financial forecasting software, in the hopes of combining telematics data pulled from connected machines with business software. Alight, based in San Francisco, says it recently closed a Series A funding round of $11 million that included the Cat investment. The tech startup […]

June 21, 2017

Dealers

Caterpillar creates two new divisions as three VPs step aside

Caterpillar has created two new divisions, the Product Support & Logistics Division (PSLD) and Digital Enabled Solutions Division, as part of its effort to “drive greater efficiencies and effectiveness” in customer support. The company reports the PSLD will be a combination of groups from other divisions, to include design and manufacturing of wear and maintenance […]

June 20, 2017

Dealers

INFOGRAPHIC: Compact track loader sales and buyer trends

A snapshot of new and used sales trends from Randall-Reilly’s Equipment Data Associates and TopBid auction price service.

June 19, 2017

Vocational

U.S.-made, Cat-powered Monterra 4×4/6×6 cabovers are reset Army trucks aimed at construction

You know…there’s a truck for that. Acela Truck Company will be debuting its extreme-duty Monterra truck line at the upcoming Global Petroleum Show in Calgary, Alberta, Canada. The Monterra 4×4 and 6×6 cabover trucks, which meet the U.S. Army’s coveted ‘ultra-reliable’ status, are marketed for commercial markets that demand high performance off-road trucks including oil […]

June 12, 2017