Tag Archive for 'Caterpillar'
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Caterpillar Inc. plans to shutter three component production facilities in Illinois, affecting about 170 jobs in Sterling and Dixon, moving the work to a similar facility in Michigan.
The sites, all Anchor Coupling facilities — a wholly owned subsidiary of Caterpillar — make or distribute hydraulic hose assemblies for both Caterpillar and other equipment manufacturers. The work will be moved to an existing site in Menominee, Mich., in an attempt to cut costs and boost efficiency, the company said in a Friday afternoon news release.
“You’ve got three facilities spread out across two (locations) in Illinois that are doing essentially, primarily the same work as one facility is doing in Menominee,” company spokeswoman Rachel Potts said by phone Friday.
Combining them in the site about an hour northeast of Green Bay, Wis., will allow the company to eliminate some “redundancies in management structures” and internal logistics costs that come from having the work spread out over four locations, she said.
Production at the Illinois plants — one in Dixon and two in Sterling — will be slowed during the fourth quarter this year, and complete the consolidation in the first quarter of 2015, the company said in a news release.
Existing employees will have opportunities for relocation to the combined site, Potts said, though she could not cite the exact number of positions that would be available on the Upper Peninsula for Illinois-based workers to be considered.
The company eyed “a variety of locations across North America” before settling on the existing Michigan location, which will expand operations into a building across the street that Caterpillar currently leases, Potts said.
“In the end, the financial analysis just showed the team that the location in Menominee is a better location for efficiency reasons,” she said.
The analysis not only looked at overall business climate, but also at other costs. She said the Illinois sites also were reviewed, but would not detail what other locations in the United States or Mexico also were considered.
“We recognize that this decision will be difficult for our employees,” said Greg Folley, vice president with responsibility for Caterpillar’s Remanufacturing, Components and Work Tools Division, in a prepared statement. “We value and appreciate the work that our Sterling and Dixon employees have contributed and their dedication to producing and distributing quality products. This decision is not about the performance of these plants, but rather about improving efficiency across the component manufacturing footprint and reducing the cost structure driven by three independent facilities, while providing the highest quality products to our customers.”
This is the latest in a series of plant closures or consolidations for the company, which shed 10 percent of its total work force — about 13,000 employees — last year according to the International Business Times.
The shifts include the closure of a Pulaski, Va., coal hauler plant and the planned shutdown of a marine engine plant in South Carolina that was announced in April. Jobs at that latter facility are expected to be moved to other facilities in Georgia and Texas.
Chris Kaergard can be reached at 686-3135 or email@example.com. Follow him on Twitter @ChrisKaergard.
HOLT CAT®, the Caterpillar® dealer for South, Central, North and East Texas, today announced the acquisition of the expanded Cat mining equipment distribution and support business for its respective territory. As a result of the acquisition, HOLT CAT has created a new Mining Solutions Division – HOLT CAT’s Mining Solutions Group—led by General Manager Scott Perlet, through which the company will continue to provide outstanding customer service throughout its territory.
“HOLT has been a highly respected supplier to the Texas mining industry for a long time, and our newly expanded mining product line is a positive move forward. This acquisition will enhance our diversity and position in the market while allowing our company to expand its core Caterpillar business,” J.K. Baxter, HOLT CAT Senior Vice President and General Manager, Machine Division.
The acquisition is part of an $80 million commitment HOLT CAT is making in facility upgrades, new buildings, and business expansion across the state of Texas.
Forty-seven employees will move from Caterpillar and join HOLT’s 2,000-plus workforce. This acquisition allows the company to broaden its scope in mining by providing a comprehensive and superior product line, while continuing to provide legendary service that customers have come to expect from HOLT CAT.
“Caterpillar dealers know more about helping customers get the most from Cat products than anyone else, and there are none who share a more storied history with Caterpillar than the Holt family,” said Steve Wunning, Caterpillar group president with responsibility for the Resource Industries group. “The creation of HOLT CAT’S Mining Solutions group is building on the rich history, expertise, resources and commitment to support the products and deliver the services for all of our mining customers in HOLT’s territory.”
HOLT CAT joins other Cat dealers around the world who are selling, servicing and providing world-class support for the expanded Cat mining product line, which includes Draglines, Unit Rig mining trucks, Room & Pillar and Longwall equipment, Electric Rope and Hydraulic Shovels, Highwall Miners, Drills, Belt Systems and various lines of other equipment.
Caterpillar has announced similar transactions with other dealers over the last several months. Caterpillar continues to hold discussions with other Cat dealers that have mining activity in their territories and will continue to operate the former Bucyrus distribution business until the transitions have occurred in a given territory.
Caterpillar Work Tools, a leading provider of wheel loader and excavator attachments, is introducing a new generation of Multi-Processors for Cat® hydraulic excavators. Caterpillar’s Multi-Processor MP318 and MP324 can handle virtually any demolition job simply by using the basic housing and a choice of up to six available jaw sets. Other models will be added to the standard offering at a later stage.
Features and benefits
The new Multi-Processor builds on the success of its predecessor. It features compact weight-to-power ratio, with incredibly strong cutting and crushing capability. The housing’s strong rotator provides a continuous 360° rotation that allows you to carry out the demolition job quickly and precisely from any angle. The new Multi-Processor will cement its position as the class leading, and most versatile demolition tool.
Easy and simplified jaw exchange
Each Multi-Processor can be equipped with a wide selection of interchangeable jaws;
Concrete Cutter (CC), Demolition (D), Pulverizer (P), Shear (S), Universal (U), and Tank Shear (TS). With one common housing and properly selected sets of jaws a contractor can achieve exceptional flexibility with minimum investment, and accomplish most tasks encountered on a demolition job. The various jaws can be quickly installed or changed, thanks to a new patent pending jaw locking system. Instead of taking about 45 minutes to change the jaws with the previous series, it now only takes 10 minutes. And all you need are some basic tools.
Maintenance has been made easier too. The new jaws use bolt-on and pin on wear material eliminating almost all need to weld the jaws. Keeping a jaw set in good repair has never been easier, and can be done on-site in a matter of hours. Protection for hydraulic components and hoses has been increased, and an improved motor guard gives greater motor protection. Also the access to the cylinder has been made easier and the cylinder rod protection has been optimized. Further the number of greasing points has been reduced so servicing becomes easy. Daily maintenance requires only greasing, checking wear, and replace any worn parts.
The Multi-Processors are fully supported by Cat dealers so that customers can order parts and service for machines and work tools from a single source. Every Cat work tool is supported with a comprehensive range of pre- and after-sales services that include: advice on work tool selection, operator training, equipment management, and a range of financial and insurance solutions.
To view NEW JAW Sets, click here