Caterpillar

Business

Long-term Highway Funding Provides a Bright Spot for Caterpillar

Scott Maxworthy/Flickr

A five-year, $305 billion bill that was signed into law in December provides a modest increase to highway and transit spending, as well as a ray of sunshine during what has been a dark period for Caterpillar.

Steve Tarter | Peoria (Ill.) Journal Star
January 19, 2016
Business

More Trouble for Caterpillar as Sales Fall Most in Five Years

Daniel Acker/Bloomberg News

For Caterpillar Inc., the commodities rout has yet to hit bottom.

Sonja Elmquist | Bloomberg News
October 22, 2015
Business

Caterpillar to Cut 10,000 Jobs Over Four Years as Mining, Energy Slumps Continue

Luke Sharrett/Bloomberg News

Caterpillar Inc., the world’s biggest mining and construction machinery manufacturer, reduced its sales forecast and said it will cut as many as 10,000 jobs over four years in response to a slowdown in the mining and energy industries.

September 24, 2015
Business

Caterpillar, Navistar to End Vocational Venture; Plan to Build Severe-Duty Trucks Independently

Caterpillar Inc.

Caterpillar Inc. and Navistar International Corp. will terminate the arrangement under which Navistar builds vocational trucks for Caterpillar, and each company will move forward with independent lines of severe-duty trucks, the companies announced in separate statements.

Joe Howard | Executive Editor
August 3, 2015
Business

Caterpillar, Navistar to End Vocational Truck Deal

John Sommers II for TT

Caterpillar Inc. and Navistar International Corp. will terminate the arrangement under which Navistar builds vocational trucks for Caterpillar, and each company will move forward with independent lines of severe-duty trucks, the companies announced in separate statements.

July 29, 2015
Business

Caterpillar Cuts 2015 Sales Forecast by $1 Billion

Scott Maxworthy/Flickr

Caterpillar Inc., the largest manufacturer of construction and mining machinery, cut its full-year sales forecast after the U.S. dollar strengthened and said important end-user industries remain weak.

Sonja Elmquist | Bloomberg News
July 23, 2015
Business

Caterpillar Adds CT680 Model to its Line of Vocational Trucks

Caterpillar

Caterpillar has expanded its line of Class 8 vocational trucks with its new CT680 model, a set-forward-axle truck designed for heavy applications and tough conditions.

Seth Clevenger | Managing Editor, Features
May 19, 2015
Business

Caterpillar Begins Production of New Class 8 Truck

Caterpillar Inc.

Caterpillar Inc. announced it has begun full production of its new Class 8 CT681 vocational truck.

Michael G. Malloy | Web Editor
November 5, 2014
Business

Caterpillar Raises Forecast, Sees 2015 Growth Prospects

Daniel Acker/Bloomberg News

Caterpillar Inc., the largest construction equipment maker, raised its full-year earnings forecast and said sales may gain in 2015 on an improvement in global economic growth.

October 23, 2014
Business

Caterpillar’s Profit Rises to $999 Million

John Sommers II for TT

Heavy-equipment maker Caterpillar Inc.’s second-quarter profit rose to $999 million, or $1.57 a share, from $960 million, or $1.45 a year ago, but sales declined.

July 24, 2014

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