Tag: Caterpillar: Page 46

Business

Caterpillar profits fall 29% in 2Q as company cuts full-year forecast

A continued and severe lack of demand for mining equipment worldwide, coupled with lower construction equipment sales in China and Brazil brought Caterpillar sales and profits down during the second quarter. In earnings released Thursday the company reported a decrease in sales and revenues of 13 percent to $12.3 billion and a 29-percent profit loss […]

July 23, 2015

Technology

Caterpillar’s Era of Analytics: Coaching customers, autonomous machines and more tech the Iron Giant is planning for the future

Five years ago, hardly any heavy equipment was connected with telematics, says Paolo Fellin, vice president of construction and infrastructure industries at Caterpillar. Today, he says, the company has more than 300,000 connected machines worldwide. “Two years ago, when I visited customers and talked about technology, sometimes they would get a glazed look in their […]

July 17, 2015

Dealers

MacAllister Machinery breaks ground on new HQ, a JCB Mudfest and more in the latest Dealer and Manufacturing News Roundup

MacAllister Machinery breaks ground for new headquarters Indiana’s Caterpillar equipment dealer, MacAllister Machinery, celebrated a groundbreaking for its new headquarters on the Southeast side of Indianapolis. The 133-acre tract will house MacAllister’s new 345,000 square-foot headquarters and will allow the company to consolidate its heavy equipment shops, parts warehouse, light equipment sales and service and […]

July 17, 2015

Roadbuilding

NAPA to hold silent auction at 2016 annual meeting to endow emergency benevolent fund

The National Asphalt Pavement Association will hold a silent auction at its 2016 annual meeting to help fund and take a step toward long-term endowment of the NAPA Care Emergency Benevolent Fund. The announcement was made at the association’s first general session of its midyear meeting in Denver. The program provides immediate funds ($5,000) to […]

July 15, 2015

Business

Latest round of Caterpillar layoffs hits Pontiac fuel systems plant

After laying off nearly 200 workers at its East Peoria plant last month, Caterpillar has announced another wave of cuts, this time at its Pontiac, Michigan, plant. According to a report from the Peoria Journal Star, Cat will place 35 full-time employees at the plant, which manufactures fuel systems, on indefinite layoff and will fire another 10 […]

July 8, 2015

Construction Equipment

Follow this excavator operator’s example. Make your hot dogs with a grapple

With Independence Day weekend officially upon us, millions of Americans are preparing to host or attend a cookout. But none of them will feature a hot dog chef of this magnitude. In the video below, skilled Finnish operator Juha-Pekka Perämäki prepares a hot dog with all the fixin’s using a Caterpillar 308 excavator with a grapple […]

July 3, 2015

Construction Equipment

Watch a Caterpillar 797 mining truck manufactured and crane-assembled in this awesome time-lapse

Anyone who’s had the thrill of standing next to a Cat 797 mining truck knows the machine is larger than life. So, it should come as no surprise that the task of manufacturing such a machine is a bit…involved. For instance, some of you might be unaware that the trucks are so massive they are only […]

July 1, 2015

Business

Carolina Cat Power Systems completes construction of 10-acre solar farm

The construction of a 10-acre solar farm, led by Carolina Cat Power Systems, is nearing completion. Scheduled to open within the next few days, the farm, located in the city of Shelby, will contain 9,828 solar panels. The farm will be capable of producing 3 megawatts of electricity—enough to power about 250 homes. Duke Energy […]

June 30, 2015

Business

Caterpillar to lay off another 170 workers at East Peoria plant

Caterpillar has announced it will lay off an additional 170 workers at its East Peoria, Illinois, plant where the company manufactures mining and construction equipment. According to a report from Peoria Journal Star, the company announced the layoffs in consecutive weeks. A cut of 120 workers from the plant was announced last week and the reduction […]

June 24, 2015

Construction Equipment

Caterpillar built a moving golf course atop dump trucks and loaders to create the true Greatest Game Ever Played

As if golf wasn’t frustrating enough, the evil minds at Caterpillar thought it would be fun if the holes moved. But how does one create a moving golf course? After all, though they may be hard to hit, greens aren’t exactly small. Luckily, Cat happens to be the manufacturer of some of the biggest dump trucks on […]

June 18, 2015

Technology

Caterpillar partners with Modustri to provide immediate parts wear inspection data in the field

The latest in a growing string of tech investments and partnerships for the company, Caterpillar announced today a collaboration that will give its customers access to mobile-based equipment wear management hardware in the field. The world’s largest heavy equipment manufacturer has entered into a strategic alliance with Modustri, the developer of the HDE Product Suite, a […]

June 17, 2015

Roadbuilding

Caterpillar Paving to expand manufacturing in Minnesota

Caterpillar Paving Products is expanding its production facility in Brooklyn Park, Minnesota, pledging a $3 million effort and the creation of 31 additional jobs. As a result, the Minnesota Department of Employment and Economic Development (DEED) will provide incentive funds for the company completing the project. The DEED program’s Job Creation Fund will provide $307,300 after […]

June 16, 2015