Tag: Caterpillar: Page 45

Construction Equipment

What’s your state’s favorite construction machine? The top-selling heavy equipment models and types, state by state

Looking at the financed equipment data for the first six months of this year, we thought it would be a fun exercise to list which models were most popular—in terms of unit sales—by state. Our data comes from Equipment Data Associates, a Randall-Reilly division that tracks Uniform Commercial Code-1 filings used by lenders when a […]

September 9, 2015

Construction Equipment

Caterpillar launches 16M3 motor grader with improved transmission, auto regens (PHOTOS, VIDEO)

Caterpillar has introduced the latest model of its motor grader designed for small-to-medium-sized mining operations with improvements in just about every area of operation that count. Built for building and repairing mine haulage roads where 150-ton trucks or smaller are run, the 71,454-pound 16M3 features a 16-foot moldboard and is powered by a Cat C13 ACERT […]

September 1, 2015

Technology

Caterpillar unveils the S40: Rugged smartphone’s slim design combines Cat DNA, user feedback (PHOTOS)

Two years ago, the no. 1 manufacturer of heavy equipment in the world entered a market comprised of concepts and products very different from those it has delivered for nearly 100 years. In early 2013 the company famous for hulking bulldozers, rugged trucks and other equipment meant for moving mountains of dirt here in the […]

August 27, 2015

Business

Caterpillar to lay off another 475 employees

Caterpillar has announced another round of layoffs, this time releasing 475 employees as the company’s cost-cutting efforts in the face of waning demand continue. According to a report from the Peoria Journal Star, the cuts will affect staff in the Customer Services Support Division. The majority of the layoffs, 300, will affect employees in the Peoria area. […]

August 27, 2015

Construction Equipment

Morbark’s Demo Days showcase chippers, grinders and one mean metal-eating shredder (PHOTOS)

Approximately 300 of Morbark’s dealers and customers from more than a dozen countries descended on Winn, Michigan, last week, to take part in the company’s ninth Demo Days. In addition to touring Morbark’s facilities and meeting the employees who build and support the equipment, attendees headed out to the company’s proving grounds, where they were […]

August 26, 2015

Business

Caterpillar a primary target of insider trading ring busted for hacking access to press releases

Caterpillar company secrets were a favorite target for an alliance of hackers and stock traders busted by U.S. officials earlier this month for insider trading that reaped tens of millions in illegal profits. According to a report from the Wall Street Journal, federal prosecutors on August 11 charged two Ukrainian hackers and seven American stock traders […]

August 25, 2015

Business

Not even Caterpillar can escape Donald Trump’s disses

In perhaps a prime example of just how far Donald Trump will reach to underscore his “Make America Great Again” slogan, the Republican presidential candidate has called out Caterpillar’s recent financial performance as evidence of how far the country has apparently fallen. “People are buying Komatsu tractors instead of Caterpillar tractors. I’m telling you, we’re in […]

August 19, 2015

Construction Equipment

The choice between a low-spec backhoe and high-end siblings isn’t as clear-cut as you might think

Backhoe loaders of 14-foot-and-greater dig depth have split into two markets: rental and contractor. As more standard features were added to backhoes and prices crept up accordingly, customers for lower-cost, lower-spec’d units got left behind. Manufacturers are intent on offering machines for customers at both ends of the spectrum, which for many has meant rebuilding […]

August 11, 2015

Construction Equipment

Making sense of the split: Don’t worry about Navistar, but where will Caterpillar find its 15-liter truck engine?

The big news story last week was, of course, Cat and Navistar breaking up. At first brush, given Navistar’s fresh troubles with a brand-new EPA lawsuit, you’d be forgiven for thinking Cat’s move was a sign of more trouble in Lisle, IL. I don’t think that’s the case. Though I focus more on the trucking industry […]

August 3, 2015

Business

Caterpillar will continue using Navistar engines in vocational truck line despite production split

Caterpillar has decided to amicably end its on-highway truck production partnership with Navistar and venture out on its own, moving production of the Cat CT-Series trucks, which The Wall Street Journal estimates to be about 1,000 units a year, to a shared production facility in Victoria, Texas. The plant currently produces Caterpillar hydraulic excavators and will add about 200 additional […]

July 29, 2015

Business

Caterpillar splits with Navistar, will design and build its own vocational trucks in Texas

Caterpillar has announced a parting of ways with truck maker Navistar, ending a six-year partnership between the two companies that launched the Cat brand into the vocational truck market. MORE >> Navistar to launch new line of severe duty work trucks once split with Cat is complete Cat has worked with Navistar to design and build […]

July 28, 2015

Business

Caterpillar’s call for engagement with Cuba more than just a sly business move

Early this week Caterpillar sent out a press release calling for an end to the trade embargo against Cuba. This was in response to President Obama’s easing of sanctions and the announcement of an American embassy to be built in Havana. All of this is good news for Cuba and for us, and it demonstrates […]

July 24, 2015