Tag: Caterpillar: Page 35

Construction Equipment

Cat intros 992K loader, 854K wheel dozer with improved design, hydraulics, 21% fuel boost

Caterpillar has launched the new 992K wheel loader alongside its sister machine the 854K wheel dozer, improving both machines with design, efficiency, safety, and uptime enhancements. Powered by an 801-horsepower Cat C32 ACERT engine, the new 992K delivers three-pass loading of the Cat 775 off-highway truck and four-pass loading of the Cat 777. To improve […]

November 9, 2016

Dealers

Cat opts for omni channel distribution approach with new gen set line

With its announcement that Cat is entering the portable gen set market, one part of the announcement may have escaped notice: the company is going beyond its dealer network to distribute these products. And, although Cat is remaining mum on exactly what’s next for their new Home & Outdoor Power division, it’s clear that there […]

November 8, 2016

Roadbuilding

Caterpillar introduces oscillatory vibe system with new CB10 asphalt compactor

Caterpillar has introduced a new compactor, the CB10, featuring the company’s first oscillatory vibration drum, as well as a new compactor nomenclature. The new system will be available as an option on the rear drum of the machine. Bryan Downing, sales support consultant for compaction equipment, says the oscillation was a key feature to add […]

November 4, 2016

Construction Equipment

Design of Cat’s new GSH425/525 grapples boosts cycle times

Caterpillar has introduced a pair of new orange peel grapples the company says are designed for a variety of material handling and construction applications. Replacing the GSH20B-Series grapples, the new GSH425 and GSH525 feature a design with horizontal cylinders which Cat says creates a profile allowing for greater material penetration and more efficient bulk-material handling. […]

November 1, 2016

Technology

Cat expands MineStar Detect object detection system to more machines, brands

Through retrofit kits, Caterpillar is expanding availability of its MineStar Detect object detection systems not only to more Cat machines but to “virtually all brands of mobile surface mining equipment,” the company announced. The system can be outfitted with 1 to 4 cameras and as many as 8 radars on small auxiliary equipment to ultra […]

October 28, 2016

Business

Former Caterpillar chairman and CEO Glen Barton dies

Caterpillar announced that its former chairman and chief executive officer, Glen Barton, has died at the age of 77. Barton had nearly 43 years of service with Caterpillar when he retired in 2004. “The Caterpillar family is extremely saddened by Glen’s passing,” current Caterpillar chairman and CEO Doug Oberhelman said in a company statement. “Glen’s legacy of […]

October 28, 2016

Dealers

Caterpillar dealer inventories down from 2015 with more “substantial” reductions coming

Aside from lower oil prices and sagging demand for mining equipment around the globe, sales of Caterpillar heavy equipment have also been negatively impacted by lower dealer inventories. In a statement on dealer inventories accompanying its third quarter earnings—which included reduced expectations for fiscal year 2016 sales—the company says dealer inventories in the third quarter of […]

October 27, 2016

Construction Equipment

Caterpillar “more aggressive” on cost reduction cuts than anticipated due to market weakness

Caterpillar says weakness in key end markets has caused the company to be “more aggressive” than anticipated in the cuts it has made and the restructuring actions it has taken in the last 13 months as part of a sweeping cost reduction plan. With sales and revenues expected to be down 17 percent to $39 billion, fiscal 2016 will cap the first series […]

October 26, 2016

Business

Caterpillar sales down again in 3Q as profit plummets 48%

Citing economic weakness and idle mining trucks around the globe coupled with an “abundance” of used construction equipment and idle locomotives in North America, Caterpillar reported another down period for earnings today. With total sales falling 16 percent to $9.16 billion in the third quarter and profit plummeting 48 percent to $481 million, the world’s no. 1 […]

October 25, 2016

Trucks

Cat Truck Spotting unbundles autonomous features to give shovel, truck operators more control

First there was the fully autonomous Cat 793F hauling truck, which has been working in Australian mine since 2012. Now there’s what Cat calls “an unbundling” of autonomous features to put slices of autonomy in other machines. One of the first of these features will be truck spotting, expected to be in production next year […]

October 20, 2016

Business

Caterpillar CEO Doug Oberhelman to retire next year; Umpleby tapped as successor

Caterpillar chairman and chief executive officer Doug Oberhelman has announced that he will retire next year, bringing an end to a 41-year career with the company. Caterpillar has announced successors for both the CEO post and Oberhelman’s role at the head of the board. Oberhelman will oversee the company and its board until March 31, […]

October 17, 2016

Roadbuilding

ARTBA names 2016-17 officers during national convention

The American Road & Transportation Builders Association (ARTBA) recently named its officers for 2016-17 during its recent national convention in Tucson. David S. Zachry, president and CEO of the San Antonio-based Zachry Corporation will remain as chairman. Other officers include: Senior Vice Chairman: Matt Cummings, executive vice president, AECOM, Philadelphia, Pennsylvania First Vice Chairman: Bob Alger, […]

October 17, 2016