Author - superadmin

CELEBRATING ENGINEERS WEEK (FEBRUARY 21-27)

Founded in 1961 by the National Society of Professional Engineers, Engineers Week or “EWeek” is dedicated to celebrating how engineers make a difference in the world. In industries across the globe, engineers are problem-solvers essential in shaping the future. Many of the things we take for granted every day – fresh water, electricity, roads, safe buildings and homes, cell phones, computers and countless more – exist because of an engineer’s ability to visualize and create solutions for real-world problems. At Caterpillar, it is unmistakable how important our more than 10,000 engineers and technologists are in tackling global challenges. Our engineers [...]

25/02/2016 News Read more...

MULTIPLE LIVES: A WIN-WIN-WIN

Try to picture it – you’re driving down the road and you see a convoy of 212 fully loaded Cat 797 Mining Trucks. The convoy is longer that your eyes can see.  It's more than 85,000 tons of material.   An impressive load indeed. Now imagine those loads are made up of cores – engines, components, starters, alternators, oil coolers, hydraulics and others – destined for Caterpillar's remanufacturing facilities.  All of it – 85 thousand tons of material being brought back to fully functioning, like new condition, even with the same warranty as a new component. That’s the Caterpillar [...]

25/02/2016 News Read more...

CATERPILLAR VENTURES AMPS UP MICROGRID OFFERING

The readily available electricity in our homes and offices is something many of us take for granted. But many parts of the world do not have access to safe and reliable energy. Caterpillar Ventures is helping to make sustainable energy available to these rural and remote areas through a unique investment in microgrid technology. Today, Caterpillar Ventures is announcing an equity investment in Powerhive, a technology venture founded in 2011 that partners with utilities and independent power producers to provide access to productive, affordable and reliable microgrid electricity for millions of rural homes and businesses around the globe. Headquartered in [...]

25/02/2016 News Read more...

ALL EYES ARE ON TECHNOLOGY: Q&A WITH CATERPILLAR CIO JULIE LAGACY

Julie Lagacy took on the role of Chief Information Officer in January 2015, and has been with Caterpillar since 1988.  Tell us about yourself – your background and career.  I grew up in the small town of Glasford, Illinois, in a Caterpillar family. My grandmother worked in the foundry during World War II and both of my grandfathers worked at Caterpillar. My parents even met at Caterpillar! When I came to Caterpillar in 1988, I was a pricing analyst. I kept that role for five years before I worked in Cat Logistics as an account representative calling on automotive clients. My first [...]

25/02/2016 News Read more...

CATERPILLAR AND THE BIG GAME

There were only 100 days until the big game. It wasn’t just any big game, it was literally called the Big Game – the annual football showdown between Stanford and California. Stanford had the home game during the 1921 season, and they planned on playing the game at their stadium. There was only one problem: The stadium they wanted to play in wasn’t built yet. The grounds on the Stanford campus where they wanted the football team to have a place to call home was a blank canvas, and it needed to be turned into a place fit for the oldest rivalry in [...]

25/02/2016 News Read more...

8 IMPORTANT POINTS FROM THE 4Q 2015 / YEAR-END EARNINGS CONFERENCE CALL

On January 28, 2016, Caterpillar held an earnings conference call discussing fourth-quarter and year-end 2015 financial results as well as the 2016 outlook. Chairman and CEO Doug Oberhelman, Group President and CFO Brad Halverson, Vice President of Finance Services Mike DeWalt and several analysts participated in the call. Click here to listen to the full conference call. During the call, Doug presented the following eight important discussion points: 1. 2015 was a tough year: however, profit per share excluding restructuring costs was close to our outlook from January 2015 ($0.11 per share), despite $3 billion of lower sales. 2. Good operational performance [...]

22/12/2015 News Read more...