Caterpillar Inc. reports news on its global equipment, power and financing businesses. The company manufactures construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives, with operating activity organized around Power & Energy, Construction Industries and Resource Industries.
Recurring updates include quarterly results, segment sales, machine and power-system retail demand, dividend and share-repurchase actions, Cat Financial performance, shareholder meeting materials, executive and board changes, dealer-supported customer activity and strategic power-generation or workforce initiatives tied to advanced manufacturing and technician skills.
Caterpillar (NYSE: CAT) donates $500,000 to the Associated Equipment Distributors Foundation's Vision 2025 Campaign. This initiative aims to close the skills gap and address the workforce shortage in the equipment distribution industry. AEDF's Vision 2025 focuses on improving programs in high schools and technical schools, particularly in underserved areas. AEDF's assessment highlights a need for 73,500 heavy equipment technicians over the next five years. The campaign aims to recognize 200 high school programs, accredit 120 college programs by 2027, and generate 10,000 skilled technicians, 5,000 AEDF certified technicians, and 500 AEDF certified managers. Caterpillar’s donation is part of over $7 million raised by nearly 75 investors.
Caterpillar (NYSE: CAT) has launched the 'Pathways to Sustainability' program to assist mining, quarry, and aggregate industry customers in their energy transition efforts. This four-year initiative offers participants comprehensive learning opportunities, project advisement, and access to sustainable products. The program focuses on six strategic areas: strategy, people, product, process, technology, and infrastructure, aiming to help customers achieve site emissions reduction goals. This follows the company's 2021 Early Learner program which included battery electric machine testing. Caterpillar aims to support customers in designing and achieving their unique sustainability goals.
Caterpillar Inc. (NYSE: CAT) released its 2023 company reports highlighting sustainability efforts, financial accomplishments, and contributions to a more sustainable world. CEO Jim Umpleby praised the global team's progress, emphasizing strong financial results and sustainability initiatives.
Caterpillar Inc. (NYSE: CAT) will hold a virtual annual shareholder meeting on June 12, 2024. Shareholders owning CAT stock as of April 15, 2024, can participate, submit questions, and vote on various agenda items. Details can be found in Caterpillar's 2024 proxy statement.
Caterpillar Inc. announced the voluntary delisting of its shares from Euronext Paris and the SIX Swiss Exchange due to low trading volume and administrative costs. Following delisting, its common stock will continue to trade on the NYSE. Shareholders have the option to keep their shares or participate in a voluntary sales facility on the NYSE. Société Générale will act as the centralizing agent for the sales facility. The delisting process is expected to be completed by May 28, 2024.
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