Tag Archive for 'Caterpillar'

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Caterpillar Venture Capital Invests in Alight Mining Solutions™

Investment to support Caterpillar’s mining customers with financial forecasting and scenario analysis

Caterpillar Venture Capital Inc., a wholly owned subsidiary of Caterpillar Inc. (NYSE:CAT), announced today a strategic investment in Alight, Inc., a San Francisco-based SaaS (software as a service) technology company that develops industry-specific solutions for financial forecasting and scenario analysis. The unique software has modules that are designed specifically for different industries, with mining and mortgage banking as the first two target industries.

Caterpillar has begun discussions with Alight Mining Solutions to develop enhanced solutions that will combine data from technology-enabled machines with financial forecasting software to help mining companies make more real-time business decisions.

Alight’s cloud-based products allow users to pull data from other systems such as Cat® MineStar™, quickly run multiple scenarios to facilitate financial decision making and then create enterprise-level financial forecasts.

“We’re always looking to invest in new ways that could help Caterpillar’s customers improve their profitability, especially through the use of technology,” said Jim Hawkins, managing director of mining technology for Caterpillar. “Alight’s technologies can allow our customers to see the financial impact of a machine or technology purchases as well as operational decisions before they’re made.”

“We are thrilled to partner with Caterpillar and help bring new levels of innovation to the global mining industry,” said Michele McGovern, CEO, Alight, Inc. “Caterpillar’s technology is making huge quantities of rich information available to its customers and our intention is to combine this data with Alight’s solutions so that data can be used to drive decision making to find greater profits and opportunities for growth.”

Like Cat MineStar, Alight’s mining offering was developed by mining industry experts, specifically for mining customers. Combining Alight’s software with Cat MineStar will allow production data such as tons-moved to be viewed in context of financial information such as costs and revenues, helping miners make assessments at the site level and analyze strategic opportunities throughout the enterprise.

“Our mining customers make decisions on very large capital investments, in market conditions that are constantly changing,” continued Hawkins. “We believe that the solutions we are looking to develop with Alight could help them better understand the impact of these decisions on production and operations as well as on profit margins and cash flow.”

Cat MineStar, part of the Cat Connect family of technologies and services, helps customers deal with everyday challenges: controlling costs, extending equipment life, and enhancing safety. For mines large and small, above and below ground, Cat MineStar works with any brand of equipment helping customers leverage data across their existing machines, systems, and technologies to boost business results and gain their competitive edge.

About Caterpillar
For more than 90 years, Caterpillar Inc. has been making sustainable progress possible and driving positive change on every continent. Customers turn to Caterpillar to help them develop infrastructure, energy and natural resource assets. With 2016 sales and revenues of $38.537 billion, Caterpillar is the world’s leading manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. The company principally operates through its three product segments – Construction Industries, Resource Industries and Energy & Transportation – and also provides financing and related services through its Financial Products segment. For more information, visit caterpillar.com. To connect with us on social media, visit caterpillar.com/social-media.

About Alight
Alight is a fast-growing provider of industry-specific, cloud-based applications that change the way businesses are run. Alight’s applications let executives Manage the FutureÔ by showing the financial ripple effects of potential decisions across the enterprise. Alight works with firms in dynamic and complex industries, including mining and mortgage banking. For more information: alightinc.com.

CATERPILLAR ANNOUNCES VICE PRESIDENT RETIREMENTS, APPOINTMENTS AND ORGANIZATIONAL CHANGES

Caterpillar Announces Vice President Retirements, Appointments and Organizational Changes

Caterpillar Inc. (NYSE: CAT) today announced three vice presidents, Paolo Fellin, Greg Folley and George Taylor, have elected to retire. In connection with these retirements and the company’s previously announced plan to review and update its strategy, Caterpillar is also announcing organizational changes, appointing two new vice presidents and launching a search for a third.

Paolo Fellin Retirement

After 37 years of service to the company, Paolo Fellin, Caterpillar vice president of the Global Construction & Infrastructure (GCI) Division, has elected to retire.

“Over his long career, Paolo has built an unrivaled reputation for his passion and devotion to finding solutions for our customers,” said Jim Umpleby, Caterpillar CEO. “His leadership has played a critical role as Caterpillar has improved its market position for worldwide machine sales in the last several years.”

Fellin joined Caterpillar in 1980 in Geneva, Switzerland. Over the next several years, Fellin held a series of sales and marketing positions throughout Europe, Africa & Middle East (EAME). In 1992, Fellin moved to products and operations becoming product manager for small excavators (France). In 1996, he was named product manager for wheel loaders (Belgium). In 2003, Fellin was appointed industry manager for Caterpillar’s North American Commercial Division (NACD). In 2004, the Caterpillar board of directors named him vice president of EAME, including CIS, Marketing Division, and in 2009, he was named vice president of EAME Distribution Services. In 2013, Fellin became vice president for GCI. His retirement is effective August 1, 2017.

Paolo Fellin, Caterpillar vice president of the Global Construction & Infrastructure Division, elects to retire effective August 1, 2017.

Greg Folley Retirement

After 22 years of service to the company, and 11 years of practicing law prior to joining Caterpillar, Greg Folley, Caterpillar vice president of the Industry Solutions, Components & Distribution Division (ISCD), has elected to retire.

“Greg began his career with Caterpillar in the Human Services Division, and while he’s held a range of leadership and executive positions focused on remanufacturing, component production and distribution during his career, his focus on people along with his positive attitude and leadership style are the hallmarks of his career,” Umpleby said.

Following an 11-year career outside of Caterpillar, Folley joined Caterpillar in 1995, and held numerous positions in the Human Services Division, including senior labor relations consultant, human resources manager, corporate labor relations manager, U.K. HR Shared Services director and director of Compensation + Benefits. In 2008, the Caterpillar board of directors named Folley vice president of the Core Components Division. He then served as the chief HR officer from 2009-11, and as vice president of the Remanufacturing, Components & Work Tools Division from 2011-15. In 2016, Folley was named vice president of ISCD. His retirement is effective August 1, 2017.

Greg Folley, Caterpillar vice president of the Industry Solutions, Components & Distribution Division, elects to retire effective August 1, 2017.

George Taylor Retirement

After 19 years of service to the company, and with more than 15 years of business experience prior to joining Caterpillar, George Taylor, vice president of the Marketing & Digital Division, has elected to retire.

“George has played a significant role in leading Caterpillar’s initiatives utilizing data analytics, innovation, digital channels and techniques to unlock competitive advantages for our customers,” Umpleby said. “George has laid a solid groundwork in this area as Caterpillar continues to develop digital solutions and products for our customers.”

Taylor joined Caterpillar in 1998 as a strategic business planning services manager. Taylor held numerous marketing, product support and general management positions before he was named the director and general manager of the global on-highway truck group in 2006. In 2015, the Caterpillar board of directors appointed Taylor as vice president of the Customer Services Support Division, and, later, as vice president of the Marketing & Digital Division.

Before joining Caterpillar, Taylor had extensive external experience with IBM. He began in 1984 as a systems engineer and held several managerial positions before becoming a client executive in 1994. Taylor’s retirement is effective August 1, 2017.

George Taylor, Caterpillar vice president of the Marketing & Digital Division, elects to retire effective August 1, 2017.

New Divisions Created in Connection to Updated Corporate Strategy

Following the above announced retirements, and taking into account the company’s previously announced plan to review and update its strategy with the establishment of a Strategic Planning Committee (SPC), Caterpillar is also announcing organizational changes that will result in the creation of two new divisions. The company is forming these new divisions to drive greater efficiencies and effectiveness in support of its customers.

 

Chris Snodgrass Appointed Vice President of Product Support & Logistics Division

Caterpillar’s board of directors has appointed Chris Snodgrass, currently general manager for Caterpillar’s Industrial Power Systems Division (IPSD), to the position of vice president of the newly created Product Support & Logistics Division (PSLD). This division will combine groups currently located in other Caterpillar divisions to drive collaboration and implement strategic initiatives under the leadership of Snodgrass. PSLD will include design and manufacturing of wear and maintenance component products, as well as support of prime product and parts distribution, inbound and outbound logistics, warehousing functions, and packaging and container management.

Snodgrass joined Caterpillar in 2013 following a successful 20-year career that included senior and executive leadership positions with commercial vehicle and industrial components manufacturer Meritor, and with Daimler AG, including roles in the Mercedes Benz truck division in Europe, Freightliner Trucks in North America, and with engine manufacturer Detroit Diesel Corporation.

“Since joining Caterpillar, Chris has quickly demonstrated an ability to deliver results;  as general manager for IPSD, he’s played a significant role reducing material costs and driven substantial process improvements and results for the division’s sales and marketing functions,” Umpleby said. “His significant outside experience and perspective combined with his sharp focus on customers make him ideally suited for this role.”

Snodgrass has a bachelor’s degree in management and organizational leadership from Concordia University. He will report to Rob Charter, group president of Customer & Dealer Support. Snodgrass will assume his new duties effective July 1, 2017.

Chris Snodgrass is appointed to the position of vice president of Caterpillar’s newly created Product Support & Logistics Division effective July 1, 2017.

Caterpillar Announces New Digital Enabled Solutions Division and Search for a Digital Vice President

The newly created Digital Enabled Solutions Division will bring together the company’s data analytics group, the enterprise data hub, equipment management tools, Cat® Connect technologies and customer experience portals.

“We recognize the need to bring these groups into an organization that will bring enhanced focus and strategic alignment to the existing and yet-to-be developed digital enablers for our products and customers,” Umpleby said.

Caterpillar will immediately begin an external search for an executive to lead the new division, which will report to Charter. In addition, as part of the reorganization, Caterpillar’s marketing and brand organization will become part of the existing Global Aftermarket Solutions Division led by Vice President Nigel Lewis.

 

Damien Giraud Appointed Vice President of Global Construction & Infrastructure Division

Caterpillar’s board of directors has appointed Damien Giraud, currently worldwide product manager for Caterpillar’s large excavators, as the vice president of GCI.

Giraud joined Caterpillar in 1998, following a seven-year career with Colas Group, a French civil engineering and construction firm. During his nearly 20 years with Caterpillar, Giraud has held a number of marketing and product management roles with an increasing level of responsibility. A native of France who speaks four languages, Giraud has worked in Europe, Africa, Asia and North America.

“Damien brings an exceptional focus on our customers to this position,” Umpleby said. “That customer focus combined with his global work experience, deep industry knowledge and his strong and transparent communication skills make him ideally suited for this position.”

Giraud has a bachelor’s degree in engineering from Ecole Des Mines, Saint Etienne, France and a master’s degree from the International Institute for Management Development in Lausanne, Switzerland. Giraud will be based in Geneva, Switzerland and will assume his new duties effective August 1, 2017.

Damien Giraud is appointed vice president of Caterpillar’s Global Construction & Infrastructure Division effective August 1, 2017.

About Caterpillar
For more than 90 years, Caterpillar Inc. has been making sustainable progress possible and driving positive change on every continent. Customers turn to Caterpillar to help them develop infrastructure, energy and natural resource assets. With 2016 sales and revenues of $38.537 billion, Caterpillar is the world’s leading manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. The company principally operates through its three product segments – Construction Industries, Resource Industries and Energy & Transportation – and also provides financing and related services through its Financial Products segment. For more information, visit caterpillar.com. To connect with us on social media, visit caterpillar.com/social-media.

Caterpillar Introduces Cat® Rp12000 E Portable Generators In Us And Canada

 

Caterpillar is expanding the Cat® RP Series portable generators line with the introduction of the RP12000 E. The new generator fills out the top of the series, delivering 12kW of running power and new features to meet the specific needs of the “pro-sumer” – emergency home back-up, DIY enthusiasts and contractors.

The RP Series initially launched in North America in September 2016 with four standard models, ranging from 3.6 to 7.5 kW. The series is the first prime product designed, engineered and supported by Caterpillar specifically for consumers. The generators are now available in the US and Canada via over 550 Cat Home & Outdoor Power sales locations, which include regional and local retailers, traditional Cat dealers and online retailers (currently Electric Generators Direct and Amazon).

Like the other products in the series, the RP12000 E was designed by Caterpillar engineering teams based in Illinois and the United Kingdom. The team focused on delivering the key design elements customers value most – power output and quality, ease of use, run-time, low noise, overall value and durability – in addition to a collection of premium features to set it apart from other generators in its class.

Long Lasting Power

The RP12000 E has a new, larger frame to house a larger, powerful 670cc V-Twin engine. The engine has a fully pressurized oil system and delivers up to 15kW of surge power, making it suitable for powering more equipment and heavy loads. The all-copper generator delivers a clean power with less than 5 percent total harmonic distortion, which is suitable for sensitive electronics and tools. Engineers also included a low-idle mode option, which optimizes fuel consumption and noise levels and reduces engine wear. With runtimes over 11 hours (at 50% load), customers will be able to work an entire day without needing to refuel.

In addition to the low idle mode, engineers designed a custom muffler and positioned the extra-large steel fuel tank on top of the engine (versus the side like most competitive models) to further minimize noise levels. The design also prevents damage from vibration.

Ease of Use

Like other models in the series, the RP12000 E was designed for simple, safe, fuss-free operation. It includes a lighted, single side-operators station, enabling the user to start and operate the generator without having to walk around or move it. The panel houses 9 receptacles including a 50A 240V outlet, which is unique to this model and required for many heavy-duty tools. The RP12000 E also includes a removable lifting eye and handle, and is designed with a balanced center of gravity, which test users noted makes it surprisingly easy to push and pull around. The whole unit is deftly packed into a compact, visually appealing frame – easy to store and a show piece on any showroom floor.

Durability

The RP 12000 E is constructed of solid 32mm steel, which is treated and coated to prevent corrosion and rust. The large metal wheels include integrated bearings for long life and high-quality solid rubber tires. The RP12000 E comes with a 2-year warranty (extended to 3 years when the product is registered), which includes parts and service for the entire warranty term, and all RP Series products are backed by Caterpillar’s 24/7 customer support.

Caterpillar continues to expand its Home & Outdoor Power distribution channels and product portfolio and anticipates additional product launches in 2017. For more information on the RP Series, including where to buy, visit: http://www.cat.com/homeandoutdoorpowerhttp://www.cat.com/12kw.

 

GOV. EDWARDS AND LOUISIANA MACHINERY EXECUTIVE TROY MATHERNE ANNOUNCE 60-JOB EXPANSION AT NEW IBERIA FACILITY

Company’s Power Systems headquarters at Port of Iberia will retain 130 existing jobs

Today, Gov. John Bel Edwards and General Product Support Manager Troy Matherne of Louisiana Machinery Company announced the company will add 60 jobs and expand its New Iberia operations. Known as Louisiana Cat, the company rebuilds and services engines and related equipment for marine, oil and gas, industrial and utility companies at the Port of Iberia.
Louisiana Cat’s expansion calls for the addition of 60 new direct jobs over the next five years, with the jobs carrying an average annual salary of $60,000, plus benefits. Louisiana Economic Development estimates the project also will result in 28 new indirect jobs, for a total of 88 new jobs in Iberia Parish, Acadiana and the surrounding regions. A total of 130 existing jobs at the Iberia Parish company will be retained.

“Service companies are vital to our energy industry in Louisiana, and Louisiana Cat does important work for customers across coastal Louisiana,” Gov. Edwards said. “This expansion is a signal that better times are ahead in our oilfield communities. The 60 new jobs added to an already strong company in Iberia Parish will be a welcome addition for the local economy there. I congratulate the regional and local groups that worked with the State of Louisiana to put this project together.”

To make the expansion possible, an 8-inch natural gas pipeline to the port area will be installed by Atmos Energy at a cost of $1.2 million. The pipeline lateral is being funded through a partnership of state, local and private partners.

“Our state-of-the-art, engine-rebuild facility and dynamometer test cell will enhance Louisiana Cat’s worldwide support for customers working in the oil and gas, marine, industrial and electric power industries,” Matherne said. “We are extremely excited with the efforts of multiple agencies that have come together to provide funding of this new gas line. The financial support and clearance for additional natural gas infrastructure enables us to complete this important expansion project.”

To secure the project, Louisiana Economic Development will contribute $450,000 toward the cost of the pipeline through an Economic Development Award Program payment. The performance-based award from LED is contingent on Louisiana Cat meeting required hiring and payroll benchmarks; the company would have to reimburse the state if fails to meet and retain its requirements. Louisiana Cat, the port and Iberia Parish government each will contribute $250,000 toward the cost of the pipeline installation. The company also plans to utilize Louisiana’s Quality Jobs Program.

“This expansion project will bring many new jobs and opportunities to our parish,” Iberia Parish Council Chairwoman Natalie Broussard said. “It will open the door for future economic growth with the possibilities of even more jobs and increased revenues for our community. In this day and age of economic struggles, this is great news for Iberia Parish.”

“Louisiana Economic Development was instrumental in making this important project happen,” Port of Iberia Executive Director Craig Romero said. “The expansion project at Louisiana Cat will be good for our local economy, and the addition of the new natural gas line will have the added benefit of increasing opportunities for other companies here at the port.”

About Louisiana Machinery
Louisiana Machinery Company, doing business as Louisiana Cat, has provided products, parts and service of the highest quality to its customers in Louisiana for more than 80 years, and is one of the oldest Caterpillar dealers in the U.S. The company sells the complete line of Caterpillar construction, material handling and forestry equipment statewide and rents equipment through its Louisiana Rents locations. Louisiana Cat’s Power Systems Division designs and builds customized diesel and natural gas engine packages for marine, petroleum, industrial and electric power needs, both onshore and offshore. Louisiana Cat parts and service support programs help customers maximize their uptime and minimize their cost of operations. For more information, visit www.louisianacat.com.

Cat® D6T Features Optimum Fuel Efficiency, Fully Automatic Transmission And Technology To Match The Job

The new Cat® D6T Dozer features a new, fully automatic transmission to optimize performance and achieve fuel savings of up to 20 percent in heavy work and as much as 30 percent in light work and finish grading applications. The fully automatic bulldozer is easier to operate – just set the desired ground speed and the four-speed transmission will set the powertrain for optimum efficiency.

Availability of the full range of Cat Connect GRADE for Dozers technologies enables equipping the D6T for the application. Cat GRADE with Slope Assist is now standard on the D6T, providing basic blade positioning assistance without the need for added hardware or a GPS signal.

Four-speed automatic efficiency

The new D6T uses a fully automatic, four-speed, power-shift transmission with an integral lock-up clutch to provide a significant increase in fuel efficiency. The operator simply sets the desired ground speed, and the Auto Shift system smoothly and automatically chooses the optimal gear and engine speed to match operating conditions.

The new D6T transmission adds a gear between first and second ranges for smooth shifting and to maintain power to the ground during load changes. The added gear allows the machine to remain in the most efficient mode for a higher percentage of the time. The operator experiences an aggressive feel in the dirt, as well as up to 2.5 percent greater productivity.

Powering the new D6T is the fuel-efficient Cat C9.3 ACERT™ engine, Tier 4 Final certified with a net power rating (ISO 9249/SAE J1349) of 215 horsepower (161 kW).

Many choices of GRADE technology

Cat Connect GRADE technologies help get work done more efficiently and more accurately. With the D6T, customers have a wide range of technologies to choose from—to equip their dozers to work best in their applications. Technologies range from simple grade indicators to full factory-integrated GPS, all supported by Caterpillar and Cat dealers.

   Cat GRADE with Slope Assist, a new standard feature for the D6T, automatically maintains pre-established blade position without the need for added hardware or a GPS signal.

   Cat Slope Indicate, (standard), displays machine cross-slope and fore/aft orientation on the primary monitor, assisting operators to work accurately on slopes.

   Cat Stable Blade, (standard), complements the operator’s blade-control input to achieve finish grades faster with less effort.

   Cat GRADE with 3D is an available, factory-integrated grade-control system that provides three-dimensional guidance both for production dozing and fine grading. The system feature roof-mounted antennas, and the Cat AccuGrade Ready Option is included with the system, as is the AutoCarry™ system that adjusts the blade for optimum load retention.

   Cat AccuGrade is a dealer-installed after-market grade-control system that provides the flexibility to scale system features to changing needs, ranging from lasers for 2D flat-plane and slope work, to systems using the Global Navigation Satellite System (GNSS) or universal total stations for complex contours and precise finish grading.

   AccuGrade Ready Option allows the machine owner to upgrade to an AccuGrade 2D or 3D system as requirements demand.

In addition to grade control technologies, the Cat Product Link™ telematics system integrated into the D6T provides timely, pertinent data—such as location, hours, fuel usage, productivity, idle time, and diagnostic codes—that is easily accessed through the online VisionLink® interface. The system assists machine owners achieve more effective asset management, improved productivity, and lower operating costs.

The D6T remains a versatile workhorse, available in multiple undercarriage configurations and with a wide range of blades to match the machine to the application. Available rear-mounted equipment includes a new high-lift, multi-shank ripper. For more information about the D6T Dozer, contact the local Cat dealer or go to: www.cat.com.

D6T SPECIFICATIONS
Engine model                            Cat C9.3 ACERT
Emissions                                  U.S. EPA Tier 4 Final
Engine Power – 2,200 rpm
(ISO 9249/SAE J1349)            215 hp
Engine Power – 1,200 rpm
(SAE J1995) – Gross                  253 hp
Operating weight range            47,846 – 54,526 lb.
Blade capacity                             4.96 – 7.38 yd3