Simformotion LLC – a leader in simulation training solutions – announced the extension of its agreement with Caterpillar to deliver heavy equipment training simulators around the world. The agreement underscores their commitment to training the world’s heavy equipment operators with state-of-the-art Cat Simulators and the importance of their partnership in producing innovative training options. The collaboration provides Simformotion with continued access…
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Orica, Caterpillar Announce Technology Collaboration
Orica and Caterpillar are teaming up to improve real-time data exchange and develop integrated workflows across the mining value chain. The collaboration is aimed at providing customers with intelligence to improve decision-making and optimize their entire operations. The mining industry has started to unlock the potential of combining data, sensors, and intelligence to optimize workflows for real-time decision making and…
Read MoreCaterpillar Reports Fourth-Quarter, Full-Year 2023 Results
Caterpillar Inc. announced fourth-quarter and full-year results for 2023. Sales and revenues for the fourth quarter of 2023 were $17.1 billion, a 3% increase compared with $16.6 billion in the fourth quarter of 2022. Operating profit margin was 18.4% for the fourth quarter of 2023, compared with 10.1% for the fourth quarter of 2022. Adjusted operating profit margin was 18.9%…
Read MoreFirst Look – February 2024
TOP NEWS CRHCaterpillar Inc. has signed an electrification strategic agreement with CRH to advance the deployment of Caterpillar’s zero-exhaust emissions solutions. CRH is the number-one aggregates producer in North America and the first company in that industry to sign such an agreement with Caterpillar. Summit MaterialsSummit Materials shareholders approved proposals at the heart of a September 2023 agreement with Colombia-based…
Read MoreThe Quarry & Aggregates (Q&A) Forum
Rock Products Presents The 2023 Quarry And Aggregates (Q&A) Forum: Industry Thought Leaders Open Up About The Aggregates Industry, Market Conditions, Artificial Intelligence And More. By Mark S. Kuhar and Josephine Patterson Each year, Rock Products reaches out to industry thought leaders to get their take on the aggregates industry. In this feature, manufacturers and service providers comment on the…
Read MoreCaterpillar to Develop Hydrogen-Hybrid Power Solution for Off-Highway Vehicles
Caterpillar announced the launch of a three-year program to demonstrate an advanced hydrogen-hybrid power solution built on its new Cat C13D engine platform. Starting in the first quarter of 2024, Caterpillar will develop a transient-capable system for off-highway applications. The project will demonstrate how state-of-the-art control systems and electric-hybrid components can help hydrogen-fueled engines meet or exceed the power density…
Read MoreCat Debuts First Diesel Electric Underground LHD
Built on the platform of its most popular underground loaders, the new R2900 XE is the first Cat diesel electric underground LHD. It’s a productive, powerful, reliable machine built to meet the underground mining industry’s need for bigger payloads, faster loading and reduced emissions, according to the company.
Read MoreMilton CAT Opens New Facility
Milton CAT, the Northeast’s Caterpillar (CAT) equipment dealer, has opened a new 100,000-sq.-ft. facility in North Syracuse, N.Y. The establishment will serve Central New York equipment owners with machines, generators, work tools, parts, service, and technology.
Read MoreCat Promotes Creed to COO
Caterpillar Inc. announced Joseph E. Creed, group president of Energy & Transportation, has been appointed to the newly created position of chief operating officer, effective Nov. 1. In this position, Creed will report to Jim Umpleby, chairman and chief executive officer.
Read MoreCat 988 GC Wheel Loader Offers Lower Fuel, Maintenance Cost
The new Cat 988 GC Wheel Loader delivers reliable and efficient operation, allowing customers to move more material at a lower cost per hour for a faster return on investment.
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