IronTrax shared insights on the construction industry for Q1/24, focusing on several topics that pertain to the industry as a whole, including an industry outlook for 2024, the anticipated plunge in office real estate values, a surge in job openings, the record-high share price achieved by Caterpillar and a summary of trends in used equipment values. read more

APR 24, 2024 - 6:44 am

George Moubayed, current senior Vice president of the Enterprise Strategy Division, will assume additional responsibilities as the chief sustainability and strategy officer of Caterpillar, effective Jan. 1, 2024. read more

OCT 16, 2023 - 6:32 am

Suzette M. Long, chief legal officer and general counsel at Caterpillar, will retire on Dec. 31 following an 18-year career at the company. Derek Owens, who currently serves as vice president and deputy general counsel, will become chief legal officer and general counsel, effective Jan. 1. read more

JUN 22, 2023 - 6:57 am

Ritchie Bros. conducted its largest Canadian auction of the year recently in Edmonton, AB, selling more than 12,000 equipment items and vehicles over five days, generating more than CA$225 million (more than $164 million) in gross transaction value.  read more

MAY 2, 2023 - 6:58 am

Caterpillar will showcase its technology solutions that are helping its customers build a better, more sustainable world at CES 2023. The exhibit will highlight the impact Caterpillar and Cat technologies are making in the mining and construction industries. read more

JAN 6, 2023 - 7:18 am

According to a report from P&S Intelligence, the construction equipment market reached roughly $180 billion in revenue in 2020. The Asia-Pacific region is predicted to be the fastest-growing region in the construction equipment market through 2030, according to the report. read more

AUG 16, 2021 - 6:29 am

HOLT CAT, a Caterpillar equipment and engine dealer in Texas, acquired Sullair of Houston, a fixed and portable compressed air dealer with operations in Houston, San Antonio and Odessa, TX. read more

JAN 11, 2021 - 6:40 am

The Caterpillar Foundation, the philanthropic arm of Caterpillar, donated $500,000 to the Equal Justice Initiative and $500,000 to the NAACP Legal Defense and Educational Fund. read more

JUN 18, 2020 - 7:28 am

EquipmentWatch announced the winners of the 2020 Highest Retained Value Awards and the 2020 Lowest Cost of Ownership Awards. read more

MAR 23, 2020 - 6:30 am

Trinity Industries appointed E. Jean Savage, vice president of the Surface Mining & Technology division of Caterpillar, chief executive officer and president. read more

JAN 15, 2020 - 6:52 am

Affiliates of Paceline Equity Partners, a Dallas-based private equity manager, have acquired Progress Rail Equipment Leasing, a subsidiary of Caterpillar. read more

JAN 3, 2020 - 6:50 am

Cat Financial, a wholly owned subsidiary of Caterpillar, launched its India operations with the opening of its Bangalore headquarters. It will operate under the name Cat Financial India. read more

AUG 8, 2019 - 6:11 am

Caterpillar shifted several officers into leadership positions, which included changes in responsibilities for three executive office members, new roles for two current vice presidents and the appointment of two new vice presidents. read more

FEB 19, 2019 - 6:50 am

Caterpillar subsidiary Caterpillar Venture Capital made a strategic investment in Fisker, an e-mobility and technology company developing electric vehicles and proprietary solid-state battery technologies. read more

OCT 25, 2018 - 6:50 am

Caterpillar announced Q3/18 sales and revenues of $13.5 billion, up 18% from $11.5 billion a year earlier. CAT noted its EPS of $2.88 was a Q3 record. read more

OCT 23, 2018 - 1:55 pm