Cat’s Profit Down 75% in 2009
Caterpillar Inc. (NYSE: CAT) announced sales and revenues of $32.396 billion for 2009, a decrease of 37 percent from $51.324 billion in 2008. Profit per share was $1.43, down 75 percent. Excluding redundancy costs of $0.75, 2009 profit was $2.18 per share... San Antonio Equipment Distributors Tell Congress: Get to Work on the Highway Bill So WE Can Get Back to Work!
Congress' failure to renew the federal highway program has real economic consequences throughout the United States, construction equipment industry leaders said at a rally today at the Henry B. Gonzalez Convention Center... ArvinMeritor Displays Solutions to DOTs
ArvinMeritor, Inc. hosted Secretary of Transportation Ray LaHood at its headquarters in Troy, MI, to showcase the company’s advanced technologies for Class 8 commercial vehicles. Highlighted technologies included its dual-mode hybrid Class 8 drivetrain and that stability control and collision safety systems offered by the company’s Meritor Wabco joint venture... Navistar Launches Customer Parts Recovery Program
Navistar (NYSE:NAV) has launched a program that allows customers to return new, unused parts from their stock to receive cash or credit for future purchases. This program, known as Customer Parts Recovery (CPR), supplements and improves upon the GPRP program, which was only accessible to large fleet customers... Bendix CVS Divests Fan Drive Business
Bendix Commercial Vehicle Systems LLC (Bendix CVS), a member of the Knorr-Bremse Group, has completed the sale of its fan drive/clutch business and related assets to Kit Masters, Inc. for an undisclosed amount... Brochure covers Bendix air disc brakes
Kenworth Truck Company has produced a new brochure on Bendix ADB22X air disc brakes from Bendix Spicer Foundation Brakes LLC... Meritor WABCO revamps its website
Meritor WABCO Vehicle Control Systems has released a new, updated website, www.meritorwabco.com, to provide North American truck operators with clearer and faster access to advanced braking systems information... Crysteel develops new hoist line
Crysteel, a TBEI brand, has developed a new line of scissors hoists and a new way to power them... Holland brand designated for liftgate line
SAF-Holland has announced that its liftgate line will be marketed as the Holland brand... Phillips provides Permalogic Selector System
Phillips has released its Permalogic Selector System designed specifically for fleets using refrigerated trailers and liftgates...
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