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News Construction Economy General
January 29, 2019  

Caterpillar stumbles; China’s slowing growth begins to show

The company is considered an economic bellwether.

News Manufacturing Business Operations General Operations Production
August 28, 2017  

Toromont to acquire Quebec’s Hewitt Group for $1.02B

Deal will combine two of Canada’s largest heavy equipment distributors.

News Construction Manufacturing General
September 2, 2016  

Caterpillar considers closing Belgian site, laying off 2,000

Looking at shifting production to France and other facilities outside Europe.

News Construction Manufacturing Production
February 1, 2016  

Caterpillar closing 5 US plants, cutting 670 jobs

Part of its cost cutting consolidation announced last year.

News Construction Energy Manufacturing Oil & Gas Transportation General Operations Production
June 24, 2015  

Caterpillar to lay off 50 more workers at East Peoria plant

Heavy equipment manufacturer blames “weak market conditions;” marks third round of layoffs this year.

News Aerospace Manufacturing General Operations Production
May 19, 2015  

Bombardier names new business aircraft president

David Coleal has held management positions at McKinsey and Company, Caterpillar and New United Motor Manufacturing.

News Construction Manufacturing Oil & Gas Transportation General Operations Production
February 19, 2015  

Caterpillar says US investigating company’s cash movements

SEC investigation is related to undistributed profits of non-US subsidiaries.

News Construction Manufacturing Business Operations
April 22, 2014  

Caterpillar cuts CEO’s 2013 pay to $12M as profit and sales fell

Machinery manufacturer hit by a downturn in heavy equipment used in mining.

News General
April 2, 2014  

Caterpillar defends tax strategy that saves billions

Rep. senator Rand Paul says the heavy equipment company deserves award.

News Construction Manufacturing Oil & Gas Business Operations Operations
March 31, 2014  

Caterpillar uses offshore haven to avoid billions in taxes, senator says

Report suggests the manufacturing giant has avoided paying $2.4B in taxes since 2000 by shifting profits to an affiliate in Switzerland.

News Automotive Manufacturing Business Operations Facilities Maintenance Operations Production Technology
February 14, 2013  

Obama’s manufacturing push good for Canada

David Jacobson says growth in US manufacturing will prove to be a net gain for Canada’s sector.

News Construction Manufacturing Business Operations Sustainability
January 21, 2013  

Extensive ‘accounting misconduct’ in CAT’s China acquisition

Taking a $80M charge: several managers removed.

News Construction Sustainability
June 5, 2012  

Westport, CAT co-developing NG tech for off-road vehicles

Westport Innovations Inc. and Caterpillar Inc. will co-develop natural gas technology for off-road equipment, including mining trucks and locomotives.

News Manufacturing Business Operations Operations Production Technology
May 1, 2012  

The big CAT’s at it again

Despite record profits, Caterpillar wants to freeze wages and double health costs at Illinois plant.

News Manufacturing Business Operations Operations
March 15, 2012  

Caterpillar makes another investment in US operations

Company will spend $20 million to expand South Carolina plant and create 80 jobs.