Sunday 11 December 2016
 
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Caterpillar

Caterpillar CEO to step down next year

Caterpillar, a leading manufacturer of construction and mining equipment, said its chief executive and chairman Doug Oberhelman will be stepping down from his post on March 31 after putting more than 41 years of service in the company.

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Caterpillar to manufacture full line of mini excavators

Caterpillar will shift design and production of its smallest hydraulic excavators to its own facilities beginning in 2018 as a successful, six-year strategic alliance with Wacker Neuson is phased out. Caterpillar will focus on gro

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Caterpillar opens new regional training centre in Dubai

Caterpillar officially opened its new state-of-the-art regional training centre for the African and Middle East Region (AME) in Dubai, UAE, recently. The centre leverages the latest in learning technology by offering hands-on machine an

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Caterpillar lays off workers due to mining sector slump

Caterpillar is set to lay off another 50 workers at its East Peoria, Illinois, US, campus because of a downturn in demand for mining equipment, the company said. The latest action brings to 270 the number of workers Caterpillar ha

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Caterpillar to build $7m training centre in Dubai

Caterpillar is set to build a ‘Regional Training Center’ in Dubai, UAE at an investment of more than $7 million for the Middle East and Africa (MEA) region. The 1,700-sq-m centre will offer hands-on machines and power

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Altaaqa Global breaks ground on new Dubai HQ

Altaaqa Global CAT Rental Power, the global provider of temporary power solutions, has broken ground for its new headquarters at the Dubai World Central, UAE. Located on a 40,000-sq-m plot of land, the facility will house the head

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ZLC achieves Caterpillar certification

Jeddah-based Zahid Learning Center (ZLC) has been certified as a Caterpillar Five Star Contamination Control Facility.    The achievement proves ZLC’s commitment to providing a world-class learning env

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Cat B15 smartphone passes rigid tests

Is the new Cat B15 smartphone worthy of joining the Cat brand family? Is it rugged, durable and reliable like other proven Cat products? To prove the smartphone's credentials, Caterpillar put the B15 to a rigourous test that h

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Dubai Caterpillar dealer inks $700m loan deal

Unatrac Holding Limited (Unatrac), one of the largest dealers of Caterpillar Inc. (CAT) machinery, said it has successfully signed a new $700 million syndicated three year revolving credit facility. 

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Caterpillar dealer Unatrac signs $700mn loan

Unatrac Holding, the distributor of Caterpillar equipment in eight mainly African countries, has signed a $700 million, three-year loan to fund operations and refinance existing debt, it said in a statement on Thursday. Part of Eg

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