Caterpillar Showcases Industry Leadership at bauma 2010, World's Largest Construction Equipment Show
Caterpillar highlights 'Sustainable Solutions' featuring the company's focus on innovation, technology, product support and remanufacturing
MUNICH, April 19 /PRNewswire-FirstCall/ -- Caterpillar Inc. (NYSE: CAT) together with Zeppelin Baumaschinen GmbH, a Caterpillar dealer for Germany, is showcasing its machines, engines and customer solutions to thousands of visitors beginning today at the world's largest construction industry trade show, bauma 2010. Throughout the weeklong event, visitors will see Caterpillar machines and equipment on display with an increased focus on the company's commitment to sustainable development.
"Bauma provides us a tremendous opportunity to engage our customers and showcase Caterpillar products and services in a region of the world that is important to the company's success and future growth," said Caterpillar Vice Chairman and CEO-elect, Doug Oberhelman. "The visitors to the Caterpillar exhibit will see updates to product lines and state-of-the-art technologies that are more environmentally and economically sustainable."
Caterpillar products are showcased by industry: Paving and Road Construction, Heavy Construction, General Construction, Quarry and Aggregates, Industrial, Rental and Work Tools. The overarching theme of the Caterpillar exhibit – "Your Success. Our Commitment." – promotes the company's dedication to working with customers to achieve their goals. The central area of the 26,000-square-foot (8,000-square-meter) show floor, "Sustainable Solutions for Your Success," showcases Caterpillar's unique approach to sustainable development. Visitors will see first hand practical business solutions that provide sustainable benefits. Some of the main attractions include:
- Tier 4 Interim / Stage III B Integrated Emission Solutions
- Site Management with eco-operator training
- High Performance Protection with contamination control, equipment inspection and protection
- Connected Worksite featuring a Cat 140M Motor Grader, ProductLink and Accugrade™
- Built to be Rebuilt featuring a Cat certified rebuild machine, remanufactured engine and dealer consultancy services.
"Despite the many changes to the global economy since bauma 2007, Caterpillar's commitment to sustainability has not wavered, in fact, the downturn helped secure sustainability's place at the core of our long term strategy," Oberhelman said. "We are making sustainable development part of how we do business. Over the next 10 years, the most successful companies will be those that integrate sustainability into their core business. That's what we are doing at Caterpillar, and we're helping our customers do the same."
New products on display include the 336E and 374D L hydraulic excavators, the D7E track-type tractor, 434E and 432E backhoe loaders, TH417 telehandler, AP555E asphalt paver, DEM50 demolition excavator, updated 988H large wheel loader and several work tools. Many are on display for the first time to the European, African, Middle Eastern and Commonwealth of Independent States markets.
More than 500,000 visitors are expected at bauma 2010. In addition to providing the best solutions and products available in the industry, Caterpillar will equip customers with everything they need, including rental and financial services and product support options. All are presented to ensure customers get the best service options through every step of the equipment lifecycle.
About Caterpillar:
For more than 80 years, Caterpillar Inc. has been making progress possible and driving positive and sustainable change on every continent. With 2009 sales and revenues of $32.396 billion, Caterpillar is the world's leading manufacturer of construction and mining equipment, diesel and natural gas engines and industrial gas turbines. The company also is a leading services provider through Caterpillar Financial Services, Caterpillar Remanufacturing Services, Caterpillar Logistics Services and Progress Rail Services. More information is available at http://www.cat.com.
SAFE HARBOR
Certain statements in this release relate to future events and expectations and, as such, constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are subject to known and unknown factors that may cause actual results of Caterpillar Inc. to be different from those expressed or implied in the forward-looking statements. Words such as "believe," "estimate," "will be," "will," "would," "expect," "anticipate," "plan," "project," "intend," "could," "should" or other similar words or expressions often identify forward-looking statements. All statements other than statements of historical fact are forward-looking statements, including, without limitation, statements regarding our outlook, projections, forecasts or trend descriptions. These statements do not guarantee future performance, and Caterpillar does not undertake to update its forward-looking statements.
It is important to note that actual results of the company may differ materially from those described or implied in such forward-looking statements based on a number of factors, including, but not limited to: (i) economic volatility in the global economy generally and in capital and credit markets; (ii) Caterpillar's ability to generate cash from operations, secure external funding for operations and manage liquidity needs; (iii) adverse changes in the economic conditions of the industries or markets Caterpillar serves; (iv) government regulations or policies, including those affecting interest rates, liquidity, access to capital and government spending on infrastructure development; (v) commodity price increases and/or limited availability of raw materials and component products, including steel; (vi) compliance costs associated with environmental laws and regulations; (vii) Caterpillar's and Cat Financial's ability to maintain their respective credit ratings, material increases in either company's cost of borrowing or an inability of either company to access capital markets; (viii) financial condition and credit worthiness of Cat Financial's customers; (ix) material adverse changes in our customers' access to liquidity and capital; (x) market acceptance of Caterpillar's products and services; (xi) effects of changes in the competitive environment, which may include decreased market share, lack of acceptance of price increases, and/or negative changes to our geographic and product mix of sales; (xii) Caterpillar's ability to successfully implement Caterpillar Production System or other productivity initiatives; (xiii) international trade and investment policies, such as import quotas, capital controls or tariffs; (xiv) failure of Caterpillar or Cat Financial to comply with financial covenants in their respective credit facilities; (xv) adverse changes in sourcing practices for our dealers or original equipment manufacturers; (xvi) additional tax expense or exposure; (xvii) political and economic risks associated with our global operations, including changes in laws, regulations or government policies, currency restrictions, restrictions on repatriation of earnings, burdensome tariffs or quotas, national and international conflict, including terrorist acts and political and economic instability or civil unrest in the countries in which Caterpillar operates; (xviii) currency fluctuations, particularly increases and decreases in the U.S. dollar against other currencies; (xix) increased payment obligations under our pension plans; (xx) inability to successfully integrate and realize expected benefits from acquisitions; (xxi) significant legal proceedings, claims, lawsuits or investigations; (xxii) potential imposition of significant costs due to the enactment of healthcare reform legislation; (xxiii) changes in accounting standards or adoption of new accounting standards; (xxiv) adverse effects of natural disasters; and (xxv) other factors described in more detail in "Item 1A – Risk Factors" in Part I of our Form 10-K filed with the SEC on February 19, 2010 for the year ended December 31, 2009. This filing is available on our website at www.cat.com/sec_filings.
SOURCE Caterpillar Inc.
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article