The company is considered an economic bellwether.
Deal will combine two of Canada’s largest heavy equipment distributors.
Looking at shifting production to France and other facilities outside Europe.
Part of its cost cutting consolidation announced last year.
Heavy equipment manufacturer blames “weak market conditions;” marks third round of layoffs this year.
David Coleal has held management positions at McKinsey and Company, Caterpillar and New United Motor Manufacturing.
SEC investigation is related to undistributed profits of non-US subsidiaries.
Machinery manufacturer hit by a downturn in heavy equipment used in mining.
Rep. senator Rand Paul says the heavy equipment company deserves award.
Report suggests the manufacturing giant has avoided paying $2.4B in taxes since 2000 by shifting profits to an affiliate in Switzerland.
David Jacobson says growth in US manufacturing will prove to be a net gain for Canada’s sector.
Taking a $80M charge: several managers removed.
Westport Innovations Inc. and Caterpillar Inc. will co-develop natural gas technology for off-road equipment, including mining trucks and locomotives.
Despite record profits, Caterpillar wants to freeze wages and double health costs at Illinois plant.
Company will spend $20 million to expand South Carolina plant and create 80 jobs.