Caterpillar to Close Five Plants, Cut 820 Jobs
Caterpillar has announced the planned closing of five plants and the elimination of about 820 jobs as part of its ongoing restructuring in response to “tough market conditions.”
April 29, 2016Caterpillar to End Production of On-Highway Vocational Trucks
Caterpillar Inc. will stop production of its on-highway vocational trucks due to the “current business climate in the truck industry.”
February 26, 2016Long-term Highway Funding Provides a Bright Spot for Caterpillar
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.
More Trouble for Caterpillar as Sales Fall Most in Five Years
For Caterpillar Inc., the commodities rout has yet to hit bottom.
Caterpillar to Cut 10,000 Jobs Over Four Years as Mining, Energy Slumps Continue
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, 2015Caterpillar, Navistar to End Vocational Venture; Plan to Build Severe-Duty Trucks Independently
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.
Caterpillar, Navistar to End Vocational Truck Deal
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, 2015Caterpillar Cuts 2015 Sales Forecast by $1 Billion
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.
Caterpillar Adds CT680 Model to its Line of Vocational Trucks
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.
Caterpillar Begins Production of New Class 8 Truck
Caterpillar Inc. announced it has begun full production of its new Class 8 CT681 vocational truck.