Tag: Caterpillar: Page 41

Business

Caterpillar to close 5 more plants, cut 670 jobs as part of cost reduction plan

As part of the company’s cost reduction plan introduced in the Fall of last year, Caterpillar has announced its latest round of layoffs with cuts affecting five facilities around the U.S. According to a report from the Associated Press, Cat will eliminate a total of 670 jobs and close plants in Illinois, Georgia, New Mexico, Wisconsin and China. However, production at these […]

February 1, 2016

Business

Caterpillar profit fell 43% in 2015; 4Q loss comes as construction, mining sales weaker than expected

Despite slashing its sales outlook in tandem with an October announcement of a sweeping cost reduction plan, Caterpillar’s full-year sales still fell below that most recent forecast after sales fell $3 billion year over year in the fourth quarter. The company reported 4Q sales and revenues of $11 billion, down 23 percent from the same quarter in 2014. Cat […]

January 28, 2016

Business

Judge throws out ICP’s antitrust suit against Caterpillar, Komatsu and Volvo CE

A lawsuit filed against three of the largest manufacturers of construction equipment alleging that they worked together to limit competition from Chinese manufacturers has been thrown out of federal court. According to a report from the Wall Street Journal, U.S. District Judge Richard Andrews dismissed the lawsuit which was filed by International Construction Products (ICP) nearly one […]

January 25, 2016

Construction Equipment

Watch a Cat track skidder zipline off a mountain

A Caterpillar track skidder is one tough machine. It’s built specifically for log skidding and, according to the Cat website, all the “mountainous and soft underfoot” conditions that type of work includes. But sometimes it’s not as simple as driving these machines in and out of the site. Sometimes the grade is simply too steep to […]

January 21, 2016

Construction Equipment

Built atop loader tracks, the Mk. II is a giant, 6-ton robot made to battle Japan

Though not in widespread use quite yet, both remote controlled and autonomous construction equipment are not exactly novel ideas any more. But it’s not likely anyone has seen a pair of Caterpillar compact loader tracks be put to use in this way before. A company called MegaBots, with the help of nearly 8,000 backers on […]

January 19, 2016

Technology

Caterpillar unveils S50c smartphone, adding Push to Talk with exclusive launch on Verizon (PHOTOS, VIDEO)

Caterpillar has launched its latest smartphone, an update to the thinner S50 model dubbed the S50c. Inside and out, this rugged phone is largely the same. Same processor, same 4.7-inch screen, same long battery life, same thin-yet-rugged body as the S50 which launched in 2014. There are really only two differences between the S50c and S50. But they’re […]

January 15, 2016

Business

Johnson to replace Rapp as president of Caterpillar’s Resource Industries group

The Caterpillar board of directors has elected Denise Johnson as the next group president for Resource Industries. Johnson will replace Ed Rapp who last month announced his plans to retire due to a recent diagnosis of Amyotrophic Lateral Sclerosis (ALS), better known as Lou Gehrig’s disease. Johnson currently serves as vice president of Cat’s Material Handling […]

January 15, 2016

Business

Caterpillar found guilty of stealing trade secrets for creation of excavator quick couplers

Caterpillar has been ordered to pay Miller UK Ltd. nearly $74 million after being found guilty by a federal court in Chicago of stealing trade secrets in order to create its excavator quick coupler lineup. The decision comes five years after Miller filed its lawsuit and was the result of an eight-week trial. “We are disappointed […]

January 4, 2016

Equipment Experts

Caterpillar intros 320F L excavators with more efficient hydraulics, fuel use

The Cat 320F excavator is designed as a “simple, reliable, durable under 50,000-pound machine for contractors looking for a general construction machine,” says Brian Stellbrink, Caterpillar excavator product application specialist. Powered by a Cat C4.4 ACERT Tier 4 Final 161-horsepower engine, the 320F consumes 8.5 percent less fuel in standard mode than the Cat 320E […]

December 30, 2015

Construction Equipment

Caterpillar intros 320F L excavators with more efficient hydraulics, fuel use

The Cat 320F excavator is designed as a “simple, reliable, durable under 50,000-pound machine for contractors looking for a general construction machine,” says Brian Stellbrink, Caterpillar excavator product application specialist. Powered by a Cat C4.4 ACERT Tier 4 Final 161-horsepower engine, the 320F consumes 8.5 percent less fuel in standard mode than the Cat 320E […]

December 30, 2015

Construction Equipment

The Top 15 Construction Equipment and Truck stories of 2015

The past 12 months have been fun for everyone here at Equipment World. We integrated with our sister site Better Roads, upped the amount of content we produced every day, covered more events and trade shows, reached more people through social media and saw record traffic to the site. That’s mostly because we’ve got such great readers. […]

December 29, 2015

Construction Equipment

Caterpillar intros integrated technology suite for M Series and M Series 3 motor graders

Caterpillar has launched four integrated technology systems for its M Series motor graders to help improve grading, maneuverability and joystick control. Cat GRADE with Cross Slope is a 2D system that automatically adjusts the blade slope set by the operator to create a uniform elevation change across the cutting edge. This helps cut down operator […]

December 25, 2015