Tag: Caterpillar: Page 58

Business

Republican Senators turn tables on investigation in vocal defense of Caterpillar during tax hearing

Though a U.S. Senate report written by Michigan Democrat Sen. Carl Levin concluded that Caterpillar had done nothing illegal in offshore tax strategy, most expected a Tuesday hearing before the Permanent Subcommittee on Investigations to amount to a prolonged scolding for Cat and its financial adviser PricewaterhouseCoopers LLP. In the end, it was more of a fair […]

April 1, 2014

Construction Equipment

How to get the most work out of your compact track loader

Compared to skid steer loaders, compact track loaders cost more, have slower travel speeds, are better in soft underfoot conditions, and handle slopes better. Common knowledge. But if your assessment of the performance of CTLs and their potential for your business stops with the commonplace, you can’t make the right decisions regarding their use. Cost […]

April 1, 2014

Construction Equipment

Caterpillar to defend tax strategy before U.S. Senate today, will likely receive support from John McCain

Caterpillar has confirmed an earlier report by saying it is scheduled to testify in a U.S. Senate hearing on whether the company illegally shifted profits overseas to avoid paying federal taxes. According to a report from Reuters, the Senate’s Permanent Subcommittee on Investigations headed by Michigan Democrat Sen. Carl Levin, prepared a report that focuses on Caterpillar corporate […]

March 31, 2014

Business

Report: Senate panel investigating Caterpillar for avoiding taxes

A U.S. Senate panel that has investigated Microsoft, Hewlett-Packard and Apple for avoiding paying federal taxes has now turned its attention to Caterpillar, according to a report from Bloomberg. The panel is investigating whether Caterpillar shifted profits overseas to avoid paying taxes, the report says, citing three anonymous sources. In early April, the Senate’s Permanent Subcommittee […]

March 27, 2014

Construction Equipment

OEMs used ConExpo to preview what will be the most revolutionary decade in the history of heavy equipment and truck technology

As ConExpos go, the 2014 show was a welcome shot of enthusiasm for the construction industry. But it was a short quote from Doug Oberhelman, CEO of Caterpillar, that I think set the tone and the goals for the next decade in the heavy equipment business. Oberhelman was talking to the press about the completion […]

March 24, 2014

Dealers

Peterbilt and Peterson name dealers of the year, Bobcat and JCB add dealers in this week’s Dealer News Roundup

Welcome to the Dealer News Roundup, your one-stop shop for all the moves going on inside the heavy equipment distributor industry. We post a new edition just about every week with news on hires, promotions, new locations and expansions. Check back for a new edition each week. Bobcat introduces new dealer in Arden, North Carolina […]

March 19, 2014

Construction Equipment

Caterpillar CEO talks up prospects of highway bill, says U.S. has a lot to learn about public-private partnerships

What are the prospects for the federal government passing a multi-year highway bill soon? Doug Oberhelman, Caterpillar chairman and chief executive officer, says he was extremely encouraged by President Barack Obama’s recent proposal for a $302-billion, multi-year highway bill. “We have been pushing hard for that at Caterpillar and our customers have been pushing us […]

March 4, 2014

Construction Equipment

Caterpillar stresses technology, unveils 336F H hybrid excavator and compact wheel loader

If there’s one word that Caterpillar wants you to take away from this year’s ConExpo it’s “technology.” And the equipment manufacturer had plenty of it to show off in a pre-ConExpo press event that included the unveiling of an update to its hydraulic hybrid excavator. F Series excavators The 336F H contains the same three-part […]

March 3, 2014

Construction Equipment

Watch this Caterpillar D11T annihilate an old pickup truck because of hockey

Gotta love Canada. As you’ll see in their half-hearted play before the good stuff actually begins, this particular group of Canucks was heartbroken that the start of hockey season had been delayed. So, they decided to take their aggression out on the poor old Chevy pickup that happened to be nearest them. What did the […]

February 27, 2014

Construction Equipment

RANKED: The top-selling financed construction equipment of the past decade

[imagebrowser id=31] Using Randall-Reilly’s Equipment Data Associates to find out the unit count winners, we calculated the top-selling construction equipment types and specific models over the past 10 years. EDA tracks financed units only—so if you bought a machine with cash or by a letter of credit, it doesn’t have the data. What’s left, however, […]

February 24, 2014

Construction Equipment

Down an excavator, dozer operator loads rock truck by driving on top of it

No. 9 Video in 2014 « NO. 10 NO. 8 »   At the beginning of the video below, we hear the guy behind the camera mention that he and his crew are already down a rock truck and an excavator. (For what it’s worth, it appears they were making repairs to the excavator’s bucket.) […]

February 21, 2014

Business

Caterpillar opens $14.8 million expansion to large engine plant in Mississippi

This past weekend, Caterpillar held a ribbon-cutting ceremony for the opening of a $14.8 million expansion at its large engine manufacturing plant and warehouse in Corinth, Mississippi. Cat makes the C175 engine at the Corinth plant. The 42,000-pound, 20-cylinder, 4,000-horsepower engine is used for power generation and in mining equipment. The newly-opened expansion will house the […]

February 17, 2014