Caterpillar Related Content

Long to Retire as Caterpillar’s Chief Legal Officer; Owens Selected as Replacement

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

Ritchie Bros. Sells More Than $164MM of Equipment in Edmonton, AB

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

Caterpillar Plans Showcase for CES 2023

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

Construction Equipment Market Generated $180B in Revenue in 2020

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

HOLT CAT Acquires Sullair of Houston

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

Caterpillar Foundation Donates $1MM to Fight Racism and Social Injustice

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

Cat, Deere & Volvo Win EquipmentWatch Awards

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

Trinity Appoints Caterpillar VP Savage CEO and President

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

CAT Subsidiary Rail Maintenance Leasing Acquired by Paceline Equity Partners

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

Cat Financial Launches Operations in India

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

Caterpillar Makes Several Officer Changes, Creates New Divisions

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

Caterpillar Ventures Invests in Fisker

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

Caterpillar Q3 EPS Highest in Company History

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

Caterpillar September Global Machine Sales Up 21% Led by North America

Caterpillar reported its retail machine sales for the 3-month rolling period which ended in September was up 21%. The North American region led the increase with sales growth of 28%. read more

Cat Financial Opens Office in Johannesburg, South Africa

Cat Financial established its newest legal entity to support customers in South Africa by opening a finance office in Johannesburg. read more

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