Caterpillar Related Content

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

IHI to Sell IAT Small Engine Business to Caterpillar

Japan-based IHI executed an agreement to sell the commercial engine-focused small engine business of IHI’s subsidiary IHI Agri-Tech to U.S.-based Caterpillar. read more

Caterpillar Global Retail Machine Sales Up 24%, Led by Asia Pacific & NA

Caterpillar reported a 24% over-all increase in retail sales for the three-month rolling period ended July 2018. Resources industries global sales were up 34% for the period while construction equipment sales were up 22%. read more

Equipment World: Cat Selling Forestry Machine Business to Weiler

According to Equipment World, Caterpillar is selling its purpose-built forestry machines to Weiler and will no longer manufacture heavy equipment built for specific forestry applications. read more

Caterpillar Reports 24% Increase in Sales and Revenues in Q2/18

Caterpillar reported Q2/18 sales and revenues of $14.0 billion, compared with $11.3 billion in Q2/17, marking a 24% increase. read more

Caterpillar Global Retail Machine Sales up 25%, Led by Resource Industries

Caterpillar reported a 25% Y/Y increase in total machine sales worldwide for the three-month rolling period ended in June 2018, following increases of 24% and 28% in May and April, respectively. The increase was led by worldwide retail sales in Resource Industries. read more

Global Mining Equipment Market to Grow 6.5% by 2025

The global mining equipment market size is expected to reach $128.39 billion and register a CAGR of 6.5% by 2025 according to a new report by Grand View Research. read more

Caterpillar’s 28% Increase in Sales Powered by Resource Industries in Latin America

Caterpillar reported a 28% increase in worldwide machine sales for the three-month rolling period ended in April 2018. This follows increases of 26% and 33%, respectively, in the same periods ended in March and February. read more

Midwest Caterpillar Dealer Expands Presence in Illinois & Indiana

Cedar-Rapids, IA-based Caterpillar dealer Altorfer Holdings acquired Patten Industries, a Caterpillar dealer in Northern Illinois and Northwest Indiana. read more

Caterpillar Names Bonfield New Chief Financial Officer

Caterpillar appointed Andrew Bonfield chief financial officer effective September 1, 2018. Joe Creed, Caterpillar Finance Services division vice president, will serve as interim CFO. read more

Construction Equipment Rental Market to Reach $140B by 2024

The construction equipment rental market is expected to cross $140 billion by 2024, according to a report from Global Market Insights. read more

Caterpillar Reports Record Q1 EPS, Raises Outlook

Caterpillar reported Q1/18 sales and revenues were up 31% compared to Q1/17. In its outlook, Caterpillar said it expects higher demand with the biggest drivers in North America and China. read more

Caterpillar Reports 33% Increase in Sales, Resource Industries Up 60%

Caterpillar reported a 33% increase in worldwide machine sales for the three-month rolling period ended in February 2018. read more

Increased Infrastructure Development to Boost Global Wheel Loaders Market

The global wheel loaders market is expected to grow at a CAGR of more than 9% during the period 2018 to 2022, according to a new market research study by Technavio. read more

Caterpillar Reports FY Sales Up 18%, 2018 Outlook Positive

Caterpillar said full-year 2017 sales and revenues of $45.5 billion were up about 18% compared to the previous year. The machinery maker noted 2018 is beginning with strong sales momentum. read more

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