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Tag: Caterpillar Mining
Dealers
Caterpillar execs stress confidence in long-term health of mining, despite present depths
Topmost in the mining industry’s mind are these two questions: “Have we hit the bottom of the mining cycle? Is it possible there will be a slight upturn in 2017?” “While there are some definitely optimistic signs that we are at the bottom, we’re still not seeing it in sales.” says Denise Johnson, Caterpillar group […]
September 26, 2016
Construction Equipment
Caterpillar launches 6015B hydraulic shovel with increased power, more loading capacity
After testing four of its new 6015B hydraulic shovels in locations across the globe for roughly a year to validate the model’s power, efficiency and capacity under extreme conditions, Caterpillar officially launched the machine at a press event in Tucson, Arizona, last week. The machine is based on the 5110B structure and incorporates several proven components […]
November 20, 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
Caterpillar cost-cutting continues: company to clip 240 workers at Illinois mining plants
Caterpillar will lay off 240 workers across two of its Illinois plants as the company continues to cope with a global decline in demand for mining equipment. The company told the Chicago Tribune it will begin the layoffs January 19 at its Decatur and East Peoria plants, both of which manufacture products for the mining industry. Cat […]
January 9, 2015
Construction Equipment
Why Caterpillar’s autonomous mining tech is “completely different from anything” it’s ever done
Though self-driving vehicles are big topic of dissuasion in the realm of consumer technology right now, the usefulness to industrial markets has been obvious for some time. While Google is working on a driverless car and Tesla is already implementing autopilot technologies into the next edition of its Model S electric car, both Daimler and […]
October 16, 2014
Dealers
Ruffridge-Johnson now a Bomag distributor, Holt Cat expands mining business, United Rentals expands operations and more 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 each week with news on hires, promotions, new locations and expansions. Check back for a new edition every Friday! Ruffridge-Johnson now Bomag road building distributor Ruffridge-Johnson Equipment Company is […]
December 19, 2013
Business
Caterpillar to layoff 300 at mining facility in Illinois, close tunneling plant in Toronto
In the wake of a first quarter that saw profits tumble 45 percent, mostly due to low demand for mining equipment, Caterpillar continues to make moves to rectify the situation announcing layoffs in Illinois and a plant closing in Toronto. Neither of the moves will affect the company’s earthmoving business. After announcing a round of 500 […]
May 6, 2013
Business
Caterpillar names Tom Bluth VP of Mining Products
Caterpillar announced today that Tom Bluth will be moving from his post as vice president of the company’s Earthmoving Division to become vice president for Mining Products. Bluth replaces Luis De Leon, who left the company shortly after an accounting scheme was uncovered at Zhengzhou Siwei Mechanical & Electrical Manufacturing Co., a subsidiary of ERA Mining […]
February 15, 2013
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