Tag Archive for 'Caterpillar'

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WORLD OF CONCRETE BRINGS THE INDUSTRY TOGETHER TO KICK OFF THE 2017 CONSTRUCTION SEASON

World of Concrete 2017 provided exhibitors with a hugely successful platform to start the year off strong, packing the show floor with qualified industry-related attendees, ready to make purchasing decisions on the latest equipment, products, and technologies available. Many exhibitors commented WOC 2017 was one of the best shows in recent memory, resulting in a 73% rebook on booth space for WOC 2018.

This international event for the concrete and masonry industries, and THE first annual event of the year, drew 50,770 registered professionals and featured more than 1,455 companies exhibiting across more than 681,196 net square feet of space.

Tom Cindric, Sr. Vice President, Informa Exhibitions U.S., Construction & Real Estate said:
“We are very pleased with the results of this 2017 event. As the construction industry continues with its upward momentum over the past few years, World of Concrete has successfully kept pace, providing the industry with the latest products, technologies, and educational offerings. This once again positions WOC as THE event for concrete & masonry professionals.”

Jackie James, Director, World of Concrete added:
“Exhibitors & attendees seemed very pleased with WOC 2017 from the show floor to the educational opportunities. Although the show was earlier than in past years, the industry showed up in force to see new products, network with their peers, and prepare for business in 2017. International attendance was strong with representation from India, Italy, Philippines, Costa Rica, Brazil, China, Japan, South Korea, Chile, Argentina and many other countries.”

Also presented was the Weatherton Scholarship, providing funds to help the next generation of concrete professionals attending the CIM (Concrete Industry Management) Program. Dan Regad, from New Jersey Science & Technology University, was the recipient of the $2,500 scholarship. In addition, CIM held its annual unreserved silent and live auctions at World of Concrete. The silent and live auctions raised an initial tally of approximately $875,000. More information on the CIM Program can be found at www.concretedegree.com.

WOC 2018: January 23-26; Seminars 22-26 at the Las Vegas Convention Center.

ARTBA Foundation Announces 2016Transportation Development Hall of Fame Honorees

36c7fbed-30d0-432b-8904-e2b650dedefdThe 34th President of the United States, one of the “fathers” of the Interstate Highway System, and the iconic founders of Caterpillar Inc., have been selected into the 2016 American Road & Transportation Builders Association (ARTBA) Foundation’s “Hall of Fame.”

Launched in 2010, the “Transportation Development Hall of Fame” honors individuals or families from the public and private sectors who have made extraordinary contributions to U.S. transportation development during their careers. A committee of judges comprised of construction industry journalists annually reviews nominees in two categories:

Transportation Design & Construction Industry Innovators: Honors the men and women who discovered or created a “game changing” product or process that significantly advanced transportation design, construction and/or safety. It seeks to honor the original innovator.
     Benjamin Leroy Holt & Clarence Leo “C.L.” Best

Transportation Design & Construction Industry Leaders (Individuals or Families): Recognizes men, women and families who have made significant contributions—beyond just having successful businesses or careers—that have notably helped advance the interests and image of the transportation design, construction and safety industry.

President Dwight D. Eisenhower
 Francis C. Turner

Innovators:

Benjamin Leroy Holt (1849-1920) & Clarence Leo “C.L.” Best (1878-1951)

Benjamin Leroy Holt built his first combined harvester in Stockton, California, in 1886, using flexible chain belts rather than gears to transmit power from the ground wheels to the working mechanism, thus reducing breakage and down time. He built his first steam traction engine tractor in 1890, which could burn wood, coal or oil as fuel and carry 675 gallons of water. Holt incorporated the Holt Manufacturing Company with his brothers in 1892.

Meanwhile, Clarence Leo “C.L.” Best began his career in 1891, at the age of 13, working for his father Daniel Best. Best established the C.L. Best Gas Traction Co. in 1910, the same year Holt Manufacturing registered “Caterpillar” as a trademark. The two companies merged to form the Caterpillar Tractor Co., in 1925. Its first product line consisted of five tractors. In 1936, the company’s track-type tractors helped complete the construction of the Hoover Dam, and one year later Caterpillar machines helped complete the Golden Gate Bridge. Best was chairman of the board of Caterpillar Tractor Company from its founding until his death in 1951.

Whether supporting Allied Troops during World Wars I and II, widening the Panama Canal or helping to construct the Three Gorges Dam in China, “Caterpillar Yellow” machines are known as the standard for the industry. The company, whose current product line consists of more than 300 machines, helped transform the way both the private and public sector transportation construction market completes projects.

Leaders:

     President Dwight D. Eisenhower (1890-1969)

His views about the need for a network of Interstate highways were shaped by a 62-day, 3,000-mile cross country trek over dirt, mud and sand roads in 1919 as a young army officer, and also by seeing first-hand the efficiency and strategic value of Germany’s Autobahn during World War II.

Later, as president, Dwight David Eisenhower worked doggedly to build a similar superhighway in the U.S., not only for military transport and evacuation of cities, but also to help reduce road fatalities and connect communities.

On June 29, 1956, President Eisenhower signed the law authorizing construction of the Interstate Highway System and creating the Highway Trust Fund to pay for it. It was the most notable domestic achievement of his presidency, and has been called one of the greatest achievements of the federal government during the second half of the 20th century.

The 47,000-mile road network became the thread that connects the fabric of America. Today, it continues to serve as the lifeblood of the U.S. economy, and provides an unprecedented level of mobility and safety for all Americans.

     Francis C. Turner (1908-1999)

In 1994, American Heritage magazine named him one of 10 people who, although unknown to the general public, had changed life for all in America. Others called him one of the “fathers” of the U.S. Interstate Highway System.

Much of his 50-year career in public service focused on big projects and big ideas, and his work produced big results.

Frank Turner first joined the federal Bureau of Public Roads in 1929. In 1943, he was chosen to expedite completion of the Alaska Highway. In 1950, he was named coordinator of the Inter-American highway and projects in other countries.

When President Eisenhower appointed the Clay Committee to plan the Interstates, Turner became the body’s executive secretary. He helped lead the committee’s work and was the liaison between the Bureau and Congress as it wrote the 1956 law authorizing the Interstate system.

With Interstate construction underway, Turner worked from 1957-69 as deputy commissioner of public roads, chief engineer and director of public roads to resolve disputes and keep the program moving forward. In 1969, he was appointed Federal Highway Administrator, the only holder of that position to come up through the ranks. He held the post until his retirement in June 1972.

For more than 30 years, the ARTBA Foundation, a 501(c)(3) tax-exempt entity, has supported an array of initiatives to “promote research, education and public awareness.” Its efforts include educational scholarships, awards, executive education seminars, roadway work zone safety and training programs, special economic reports and a national exhibition on transportation at the Smithsonian’s National Museum of American History.

Glen Barton, former Caterpillar Inc. Chairman and CEO, died on October 24, 2016 in Peoria, Illinois

Glen Barton, August 1939 - October 2016

Glen Barton, August 1939 – October 2016

Glen Barton, former Caterpillar Inc. Chairman and CEO, died on October 24, 2016 in Peoria, Illinois, at age 77. Barton retired in 2004 after nearly 43 years of Caterpillar service, spending the last five as Chairman and CEO.

“The Caterpillar family is extremely saddened by Glen’s passing,” said Caterpillar Chairman and CEO Doug Oberhelman. “Glen’s legacy of leadership extends far beyond Caterpillar’s walls. His commitment to Peoria and our communities was remarkable. I’ll start with his Caterpillar leadership. He rose through the Caterpillar ranks, starting in 1961 as a college graduate trainee. Under his leadership, Caterpillar fully embraced 6 Sigma. It brought remarkable improvements throughout the company, including an intense focus on quality and safety. We continue that focus today, and 6 Sigma remains our foundation for continuous improvement. We are forever indebted to him for his commitment to making Caterpillar a stronger company.

“And just as important is his unprecedented generosity to the Peoria area. Glen’s dedication and hard work will continue to leave a positive impact for many, many future generations. Together with his wife Polly, Glen was the epitome of philanthropic leaders. He was the driving force behind Quest Charter Academy and a tireless leader and supporter of the Peoria Zoo, the Peoria Playhouse, WTVP and Illinois Central College. Our deepest condolences are extended to Polly and the entire Barton family.”

Barton joined Caterpillar in 1961 and held numerous marketing and general management positions. After two tours with Caterpillar Overseas S.A. in Geneva, Switzerland, where he served in various marketing capacities from 1964 to 1968, and from 1972 to 1975, Barton became manager for South American Sales. In 1977, he became manager of Merchandising Division General Offices. Barton moved to Mentor, Ohio, in 1983 to become the U.S. sales and product support manager for the industrial lift truck division of Caterpillar. From 1984 through 1986, he was manager of Products Control, involved in product development and strategic planning. In 1987, he was elected a vice president of Caterpillar and president of Solar Turbines Incorporated, a wholly owned Caterpillar subsidiary in San Diego, California. In 1989, he became executive vice president with responsibility for worldwide marketing. Effective July 1, 1990, Barton became group president with responsibility for the design, development and production of most of Caterpillar’s extensive line of forest, mining and construction equipment. His responsibilities also included marketing and sales operations in North America, South America, Latin America and Japan. On February 1, 1999, he was named Chairman and Chief Executive Officer.

Barton, a native of Alton, Missouri, graduated from the University of Missouri-Columbia in 1961 with a bachelor’s degree in civil engineering. He completed the Stanford University Executive Program in 1977. He previously served on the Dean’s Engineering Advisory Council at the University of Missouri-Columbia and the boards of directors for Inco Limited and Newmont Mining Corporation. He was also a global advisor to The Conference Board and a trustee of the Malcolm Baldrige National Quality Award Foundation. Barton also served as a member of the Business Roundtable, the Illinois Business Roundtable and the U.S. President’s Export Council.

In 2012, Glen was recognized for helping pave the way for the company’s leadership in the global mining industry with his induction into the National Mining Hall of Fame. The Hall of Fame credits Barton with the foresight to more heavily involve Caterpillar in mining: “Glen Barton’s passion changed the mining industry. His leadership made Caterpillar the world’s leading provider of mining equipment by creating the roots that support the organization today.”

Caterpillar Chairman and CEO Doug Oberhelman Elects to Retire in 2017; Jim Umpleby Elected as Caterpillar’s Next CEO; Dave Calhoun to Become Non-Executive Chairman of the Board

After more than 41 years with Caterpillar Inc. (NYSE: CAT), Chairman and CEO Doug Oberhelman has elected to retire, effective March 31, 2017. During his time as Chairman and CEO, Oberhelman has reinvigorated the company’s focus on serving customers while also driving a culture of quality and safety. Oberhelman led the company to its highest sales and revenue peak in its 91-year history in 2012, and, since that time, has successfully led the company through the unprecedented downturn affecting our key industries.

During Oberhelman’s tenure:

Product quality levels have reached historically high levels.
Market position for machines has significantly increased.
New Lean Management processes have simplified and sped production capabilities, improving product availability for dealers and customers.
The company has increased its quarterly dividend by 83 percent since 2010.
The balance sheet is strong, and at the end of the second quarter of 2016, Caterpillar’s Machinery Energy & Transportation debt-to-capital ratio was 39.0 percent, with $6.764 billion in cash as of June 30, 2016.
Global safety metrics for employees have dramatically improved, with the Recordable Injury Frequency improving each year.

After more than 41 years with Caterpillar Inc., Chairman and CEO Doug Oberhelman has elected to retire, effective March 31, 2017.

After more than 41 years with Caterpillar Inc., Chairman and CEO Doug Oberhelman has elected to retire, effective March 31, 2017.

Caterpillar has been granted nearly 7,300 patents worldwide.
The company dramatically expanded its commitment to lower owning and operating costs for customers by connecting new and existing equipment through digital technology and data analytics.
“Our people have heard me say many times that my greatest responsibility as Chairman and CEO is to manage Caterpillar for today and position the company and its future leaders for long-term success,” Oberhelman said. “It has been an honor and a privilege to lead this company, and I am confident in the choice of my successor, Jim Umpleby.”

“During the last four years, Caterpillar has faced unprecedented global economic conditions that have significantly impacted the industries served by our customers, as those industries and economic growth in many regions around the world have slowed or severely contracted. Faced with these challenges, our employees have responded like champions. We have improved our market position and grown our field population. Our product quality is at historically high levels, and I believe we are leading the industry in digital capabilities. I am confident that Caterpillar is stronger than ever, with product quality, power, technology and innovation that is the envy of our competitors. Add to that lean and agile manufacturing capabilities and an unrivaled global distribution channel. The future is bright,” Oberhelman added.

After more than 41 years with Caterpillar Inc., Chairman and CEO Doug Oberhelman has elected to retire, effective March 31, 2017.
The company’s Board of Directors has elected Jim Umpleby, currently a Caterpillar Group President with responsibility for Energy & Transportation, to succeed Oberhelman as CEO. Umpleby, a 35-year veteran of the company, will join the Caterpillar Board of Directors and become CEO effective January 1, 2017. He joined Solar Turbines Incorporated in San Diego, California, in 1980. Solar, a wholly owned subsidiary of Caterpillar Inc., is one of the world’s leading manufacturers of industrial gas turbine systems. Early in his career, he held numerous positions of increasing responsibility in engineering, manufacturing, sales, marketing and customer services. Umpleby lived in Asia from 1984 to 1990, with assignments in Singapore and Kuala Lumpur, Malaysia. The Caterpillar Board of Directors elected Umpleby a Caterpillar Vice President and President of Solar Turbines in 2010. He was named Group President and a member of Caterpillar’s Executive Office, effective January 2013.

“For more than 91 years, Caterpillar equipment has been renowned for its quality, durability, innovation and value,” Umpleby said. “I have been privileged to work with Caterpillar employees and dealers in supporting our customers as they develop the world’s infrastructure and improve standards of living and quality of life. I look forward to leading our dedicated team as we build upon the accomplishments of those that have come before us.”

Jim Umpleby, currently a Caterpillar Group President with responsibility for Energy & Transportation, will succeed Doug Oberhelman as Caterpillar Inc. CEO, effective January 1, 2017.
Oberhelman will remain as Executive Chairman of Caterpillar until March 31, 2017, when he will retire. Upon Oberhelman’s retirement, Dave Calhoun, a current member of the Caterpillar Board,

Jim Umpleby, currently a Caterpillar Group President with responsibility for Energy & Transportation, will succeed Doug Oberhelman as Caterpillar Inc. CEO, effective January 1, 2017.

Jim Umpleby, currently a Caterpillar Group President with responsibility for Energy & Transportation, will succeed Doug Oberhelman as Caterpillar Inc. CEO, effective January 1, 2017.

will assume the role of Non-Executive Chairman of the Board. Calhoun is Senior Managing Director and Head of Private Equity Portfolio Operations of The Blackstone Group L.P.

Ed Rust, former Chairman and Chief Executive Officer of State Farm Mutual Automobile Insurance Company, and currently Presiding Director of the Caterpillar Board, will remain on the Board, but will no longer hold the title of Presiding Director once Calhoun assumes the role of Non-Executive Chairman.

“The Board has a robust, best-in-class succession planning process for the critical roles of Chairman of the Board and Chief Executive Officer as well as other top executive positions. One of our top priorities as a Board is developing a strong pipeline of senior leaders. Discussions are held throughout each year, and today’s announcement is the result of these ongoing and deliberate Board discussions,” Rust said. “I am certain Jim will continue the superb leadership, which is the hallmark of Caterpillar, in the years to come. I especially want to thank Doug for his strong and outstanding leadership of the company throughout his tenure, particularly in the last four years, when the global economic environment has created unprecedented challenges for Caterpillar. We wish Doug all of the best for a successful retirement following a distinguished and successful 41-year career.”

Calhoun has been a member of the Caterpillar Board of Directors since 2011. In addition to his role with the Blackstone Group, he was previously Executive Chair of Nielsen Holdings N.V. (2014-2015), served as Chairman of the Executive Board and Chief Executive Officer of

Jim Umpleby, currently a Caterpillar Group President with responsibility for Energy & Transportation, will succeed Doug Oberhelman as Caterpillar Inc. CEO, effective January 1, 2017.

Dave Calhoun, a current member of Caterpillar Inc.’s Board of Directors, will assume the role of Non-Executive Chairman of the Board, effective March 31, 2017.

The Nielsen Company B.V. (2006-2013), Vice Chairman of General Electric Company and President and Chief Executive Officer of GE Infrastructure (2005-2006).

“I am honored to take on these new responsibilities with Caterpillar, an iconic and global leader,” Calhoun said. “Following a deliberate succession process, the Board confidently elected Jim as Caterpillar’s next CEO. He reflects the best attributes of Caterpillar’s culture and leadership. I also want to compliment Doug for his outstanding leadership as Chairman and CEO, as the capstone to more than four decades of service. His leadership in the last four years has been remarkable as the company has successfully navigated an incredibly difficult cycle while positioning Caterpillar to take full advantage of the next upturn.”

A replacement for Umpleby will be announced at a later date.

About Caterpillar
For 91 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 2015 sales and revenues of $47.011 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.

From: I Maker America –Manufacturing Day is THIS Friday

unknownDear Supporter –

Manufacturing Day is THIS Friday, and the election is only 35 days from today! That’s why we’re asking you to Stand up for Manufacturing and help make a difference on November 8.

Before you vote, click here to get the facts on the manufacturing issues that matter in your state.

From rebuilding our infrastructure to supporting America’s farmers, your vote matters.

Help us spread that message by checking out and sharing these videos on the issues that matter to manufacturers during the campaign season.

Every bit of effort counts! We hope you’ll help us stand up for manufacturing, and help to Make America this election season!

Sincerely,

The I Make America Team