Premium Essay

Caterpillar

In:

Submitted By NadiaYusof
Words 273
Pages 2
Since 1973, Caterpillar has remanufactured diesel engines and components for its own machines and power systems. What began as a small operation to meet the product support needs of our truck engine customers has grown to include more than 700 products, including hydraulics, drivetrain, fuel systems and even tires.
In 2004, Caterpillar announced plans to offer remanufacturing services to other Original Equipment Manufacturers (OEMs). Remanufacturing Services business takes a Caterpillar core competency into new markets. We entered the automotive remanufacturing business on Sept. 1, 2004, by acquiring Williams Technologies in the United States and Wealdstone Engineering in the United Kingdom. Since then we’ve grown quickly in the auto, industrial and electronics markets and formed key alliances with OEMs in related industries.
Reman’s contribution to diversified growth continued with the acquisition of Progress Rail. This exciting new business marks Caterpillar’s entry into a full line of rail aftermarket services, including remanufacturing. In December 2006, Progress Rail became a separate division within Caterpillar.
We recently expanded our presence in Asia with the opening of a facility in Shanghai, China. In mid-2007, we completed our acquisition of Eurenov S.A., expanding our European presence in automotive and industrial engine and transmission remanufacturing.
In January of 2007, Reman acquired Franklin Power Products and International Fuel Systems, based in Franklin, IN. This acquisition was in alignment with our strategic alliance with Navistar and allowed us to enter the light to medium-duty diesel engine market.
In continuance of our growth, we acquired certain assets of Gremada Industries Inc. in July 2008. Based in Fargo, ND, this acquisition was in alignment with our current mining products

Similar Documents

Premium Essay

Caterpillar

... [pic] PREPARED TO: DR MARTINO LUIS PREPARED BY: SUHASINI PRAHAKARAN (810986) Title Company: Caterpillar Inc Background Caterpillar Inc. Overview The Caterpillar Tractor Co. was formed in 1925 as a result of the merger of the C.L. Best Gas Tractor Company and the Holt Caterpillar Company. Restructure as Caterpillar Inc. in 1986, and it is currently one of the world’s largest manufacturers of construction and mining equipment, diesel and natural gas engines and industrial gas turbines. Caterpillar has over 3 million machines in usage and it runs in three primary lines of business such as Machinery, Engines, and Financial Products. . Strategic Overview In order to remain to excellently grow the business and success against the competition, Caterpillar has implemented Vision 2020, an enterprise strategy that emphases on the Company’s customers, employees, and stockholders. Vision 2020 is built on Caterpillar’s strategic goals, operating principals, and core values. The three primary strategic goals of Vision 2020 are to produce superior financial results, be a global industry leader and have the greatest team. Involved in Vision 2020 are Caterpillar’s “Big 8” requirements for 2011 through 2015 which is focus on how Caterpillar will success and preserve and improve its leadership position. Over Vision 2020, Caterpillar expects to win by delivering valued, quality products, services and solutions to customers that deliver the lowest total...

Words: 2238 - Pages: 9

Free Essay

Caterpillar France

...paper is to assess the ability of Caterpillar Inc. to be competitive internationally in France. Caterpillar is already established in France, but has had its setbacks and challenges along the way. I am going to analyze Caterpillar’s products, industry context, and performance-to date and suggest how they can expand current manufacturing and distribution operations and the institutional challenges that lie ahead. I chose Caterpillar because they are an Illinois company that employs multiple family members of mine. I chose France because my wife is a French teacher and we have visited France multiple times. INTRODUCTION According to The World Factbook, France today is one of the most modern countries in the world and is a leader among European nations. It plays an influential global role as a permanent member of the United Nations Security Council, NATO, the G-8, the G-20, the EU and other multilateral organizations. France rejoined NATO's integrated military command structure in 2009, reversing DE GAULLE's 1966 decision to take French forces out of NATO. Since 1958, it has constructed a hybrid presidential-parliamentary governing system resistant to the instabilities experienced in earlier, more purely parliamentary administrations. In recent decades, its reconciliation and cooperation with Germany have proved central to the economic integration of Europe, including the introduction of a common currency, the euro, in January 1999. Caterpillar was first exposed to France between...

Words: 2412 - Pages: 10

Free Essay

Caterpillar on a Global Scale

...Caterpillar is a leading global manufacturer of construction and mining equipment, machinery and engines with more than five hundred dealer and facility locations worldwide. Low revenue growth prompted Caterpillar to compete on a global scale In order to keep increasing revenue the company had to look for new customers and since ninety-five percent of the world’s potential customers live outside the United States, competing on a global scale was essential. Caterpillar created regional councils in Europe, Africa, the Middle East and Asia Pacific. The business driver for Caterpillar is a Lean Six Sigma. The company developed a strategic vision and a road map for change guided by fact-based analysis. The initiative led to product innovations, like Caterpillar's phenomenally successful low-emissions diesel engine, and to redesigned processes, including a streamlined supply chain. By 2005, the company's revenues had grown by 80 percent. Caterpillar’s global competitors are in: * Construction Machinery: Komatsu Ltd, Deere & Co., Doosan Infracore Co., Ltd, Volvo Construction Equipment, Hitachi Construction Machinery Co., Ltd, Hyundai, CNH Global N.V. and J.C. Bamford Ltd * Resource Industries: Komatsu Ltd, Volvo Construction Equipment, Deere & Co., Joy Global Inc., Atlas Copco, Hitachi Construction Machinery Co., Ltd and Wirtgen * Power Systems: Cummins Inc., Mitsubishi Heavy Industries Ltd., MAN Diesel & Turbo SE, Tognum AG, Deutz AG, Siemens Energy, GE...

Words: 1029 - Pages: 5

Free Essay

Caterpillar Case Study

...Caterpillar, Inc is a company known for its heavy machinery and mining equipment (Murphy, P., & Laczniak, E. (2012).). If you’ve spent any time around a construction site or just drove by one more likely than not you’re going to see a CAT piece of machinery. CAT is a global company who takes pride in managing their stakeholders, customers and employees. CAT has made a name for themselves not only for their high quality products but also for their high ethical standards and corporate responsibility (Murphy, P., & Laczniak, E. (2012).). Even though CAT has been known for their high ethical standards they have also dealt with some ethical issues over the years. CAT sells over 300 machines while also selling parts, turbines, engines and electronics. Caterpillar Inc. also owns CAT Financial, CAT logistics, Progress Rail, Solar Turbine and Asia Trak (Murphy, P., & Laczniak, E. (2012).). The awards CAT has won for their ethical relations include being listed in Ethisphere’s Worlds Most Ethical Companies under industrial manufacturing, ranked 27th in Fortune magazine’s “Worlds Most Admired Companies”, Scored 12 in Women Engineer Magazine’s “Top 50 Employers” (Murphy, P., & Laczniak, E. (2012).). Caterpillar ranks so high because of their strong goals and strategies. Caterpillar has identified its vision, mission and strategy to express commitment towards the environment, economy and workforce (Murphy, P., & Laczniak, E. (2012).). It’s a great move by CAT to show these standards and...

Words: 999 - Pages: 4

Premium Essay

Caterpillar Incorporated Financial Essay

...Introduction Caterpillar Inc., probably better known as “CAT” throughout the world, headquartered in Peoria, Illinois, is a world leader in the manufacture of construction and mining equipment to include diesel and natural gas engines. It also has a financial services branch, Caterpillar Financial Services, earning approximately 7% of Caterpillar’s revenue by providing financing to many of Caterpillar’s customers who purchase its construction and mining equipment (Caterpillar, Inc., 2012). Caterpillar, today, is an extremely profitable and successful corporation indicative of the results it reported in its most recent quarterly report. Its 2012 earnings per share of $2.54, a quarterly record, is a 67% increase over its 2011 second quarter reported earnings per share. Revenues, likewise, set a record at the staggering number of $17.374 billion easily trumping its 2011 second quarter revenues of $14.230 billion. High revenues translated to record profits of $1.699 billion, an eye opening increase over the last year’s quarterly profits of $1.015 billion, a 67% increase (Caterpillar, Inc., 2012). Caterpillar trades on the New York Stock Exchange and closed today at $86.62, about the middle of its 52 week trading range (Market, 2012). Caterpillar’s profit outlook for the remainder of 2012 is very optimistic. Its projects its sales and revenues to be between $68 and $70 billion earning a profit of $9.60/share vice Caterpillar’s earlier forecast of approximately the same...

Words: 3556 - Pages: 15

Free Essay

Caterpillar Track Safety

...Describe the different safety precautions for unwrapping tracks on elevated sprocket vs. oval track machines. When it comes to unwrapping tracks, certain safety precautions must be taken in order to be sure that nobody is injured or killed while doing this process. The two different track types are elevated track, which is most commonly found on CAT bulldozers. The other type is oval track, this is often found on excavators and track loaders. Elevated tracks are more dangerous to unwrap than oval track. Therefore, it is crucial that certain safety precautions should be followed while performing the task. Elevated track is more dangerous because of the fact that the track is raised on an incline in order to contact the sprocket on the final drive. All track tension should be removed before beginning removal. It is common to remove the axles from the final drive which will allow the final drive to rotate freely. Once the track is disconnected, the weight pulling on the final drive can cause the tracks to unravel on their own. The tracks should be blocked before disconnecting in order to keep the track from rotating and the machine should be raised off the ground on proper rated jackstands. Be sure to position the track links that will be removed between the final drive and the rear idler. Be sure to clean the bushings and track links before using the proper tooling for separating the track to insure the tool works properly. When using a track press, make sure suitable lifting...

Words: 495 - Pages: 2

Premium Essay

The Very Hungry Caterpillar Analysis

...“Wanting something is not enough. You must hunger for it. Your motivation must be absolutely compelling in order to overcome the obstacles that will invariably come your way.” This quote, said by the motivational speaker Les Brown, can very well be applied the children’s story The Very Hungry Caterpillar. The Very Hungry Caterpillar was written by the American designer and illustrator Eric Carle. The title of this book is very self-explanatory. It tells the story of a caterpillar who is just what the title says, very hungry. When looking through the archetypal lens, an individual who is reading The Very Hungry Caterpillar will discover that when there is a struggle of conflict,one must keep fighting to become successful. While The Very Hungry...

Words: 609 - Pages: 3

Premium Essay

Caterpillar

...MODERN MANAGEMENT SUBJECT : MARKETING MANAGEMENT II Caterpillar Case Study Submitted By: Rishikesh Dubey Mohammad Saqlain Nikhil Jain Adhish Mohanty Siddhant Jain Ankush Gupta Dated: 25/2/2013 * Case Brief: Company Cost to mfg and Market New Bulldozer (a) =$30,000 Perceived worth of customers (5 years) =$100,000 Therefore,(b) Added value = b-a = $70,000. * Pricing options: This Added Value of $70,000 can be shared by the customer and Manufacturing one of the Three ways: * They can share equally between the Caterpillar and the Buyers ($35,000 for both). Then Price = $30000 + $ 35000 = $65,000. * Manufacturer feels their hand in creating the value is more than Perceived Wealth. So they command a high share ($50,000 for Caterpillar & $20,000 for Buyers). Then Price = $30000 + $50000 = $80,000. * Caterpillar thinks Customers Contribution in perceived wealth creation is bigger. So pass the customers a major chunk and they take a smaller piece of the cake ($50,000 for Buyers & $20,000 for Caterpillar). Then Price= $50,000. * CASE SITUATIONS: 1) First Situation: When Technology is Low and Komatsu is expected to Copy the Product within 1 Week after launch. And, Komatsu’s Cost to Make & Market is $20,000. Minimum Selling Price that can be offered by Caterpillar = $30,000. But within 1 week Komatsu will launch...

Words: 570 - Pages: 3

Free Essay

Lesson Plan in Science

...F. Name BEED 2-D Year and Section Second Semester S.Y 2013-2014 MRS. REMELIE R. ROBLES Instructor I. Objectives * Students will learn about the life cycle of a butterfly. * Identify the four different stages of a butterfly life cycle (from egg, caterpillar, pupa or cocoon, to a butterfly). II. Subject Matter Topic: Life Cycle of a Butterfly Materials: Real eggs of a butterfly, caterpillar, cocoon, a butterfly, pictures III. Procedure A. Motivation I’m a Hungry Caterpillar (tune of I’m a Little teapot) I’m hungry caterpillar Walking slowly Looking for something To fill my belly When I go to sleep I’ll make a little cocoon Pop! I’ll be a butterfly soon. B. Discussion I will show to the class the four different stages of a butterfly life cycle one by one, which are the eggs, caterpillar, cocoon and a butterfly and explain to them each stage. * The first stage is the eggs. This is where a girl butterfly lays eggs. She lays them on a leaf. * The second stage is the caterpillar. At this stage, the caterpillar eats all the time. It also grows really fast. * The third stage is the cocoon. The caterpillar makes a cocoon. It is mostly brown or green. This protects them. * The fourth stage is the butterfly. A butterfly comes out of the cocoon. It can now learn to fly. Butterflies are very colorful. * A butterfly finds a mate. When it finds a mate, it lays eggs. Then the life...

Words: 1067 - Pages: 5

Premium Essay

Chrysalids

...The title “The Chrysalids” signifies that it is a novel about change. The word “chrysalid” is related to the word “chrysalis”, which means “the form which butterflies, moths, and most other insects assume when they change from the state of larva or caterpillar and before they arrive at their winged or perfect state”. Or in simpler terms, it is the state where the caterpillar does most, if not all, of its change into a butterfly. Change can happen anywhere, whether it be in a physical form, such as the caterpillar turning into a butterfly, or evolution of entire species; a mental state, for instance a deeper comprehension of an emotion, or an education towards acceptance and understanding; or in a social environment, for example the abolishment of slavery and the non-discriminatory laws. Change is almost inevitable, fore it is the driving force of life. With out change life could not adapt to its surroundings and survive. If change were to stop, then life would become meaningless. The Earth would be the same if there was life with no change, than if there was no life at all. Generally when people ponder about the notion change, they think about a process where a thing transforms into a better version of itself. While change is usually associated with evolution, it can sometimes be the complete opposite. Change can happen for the worse, though it is seldom seen. With life comes change, and though in The Chrysalids some change is not for the better, character, environment...

Words: 720 - Pages: 3

Free Essay

Raft Task Cards - Edu 225

...Butterfly) Objective: You will be able to describe the process a caterpillar goes through to become a butterfly. Student Role: A news reporter of a science television station Audience: Your favorite television station viewers Format: An informative newscast report Topic: Have you ever wondered what a caterpillar goes through to become a butterfly? Directions: 1. Visit The Children’s Butterfly Site to learn more about the butterfly life cycle. 2. Use a storyboard worksheet to map out your script. 3. Type your script so it is easy to read. 4. Practice reading your script aloud until you feel you can read it fluently and with expression. 5. Create a video at Screencast-O-Matic. 6. Read and record your script as a professional news reporter. Resources: Websites to visit: The Children’s Butterfly Site http://www.kidsbutterfly.org/life-cycle Enchanted Learning : All About Butteflies http://www.enchantedlearning.com/subjects/butterfly/lifecycle/ Learn About Nature theButterflySite.com http://www.thebutterflysite.com/life-cycle.shtml The Life Cycle of a Butterfly http://www.tooter4kids.com/LifeCycle/Butterfly_Life_Cycle.htm The Very Hungry Caterpillar and Its Life Cycle http://education.nationalgeographic.org/activity/the-very-hungry-caterpillar-and-the-butterfly-life-cycle/ Assessment: Prepare a 3-5-minute script for a newscast segment to explain how a caterpillar becomes a butterfly. Explain the steps of the life cycle of a...

Words: 763 - Pages: 4

Premium Essay

Hope of the Flowers

...A different sort of book For everyone Except for those who have given up completely (and even they might secretly enjoy it) HOPE FOR THE FLOWERS words and pictures by (1972) Trina Paulos HOPE FOR THE FLOWERS Trina Paulos A tale…. Partly about life Partly about revolution And lots about hope For adults and others (including caterpillars who can read) Many thanks To everyone All over the world Who has helped me Believe in the butterfly. This is the tale Of a caterpillar Who has trouble Becoming what He really is. It is like myself – like us. Love Trina To the “more” of love – the real revolution And my father who believed in it. CHAPTER 1 Once upon a time A tiny striped caterpillar Burst from the egg Which had been home For so long. “Hello world,” he said. “It sure is bright out here in the sun.” “I’m hungry,” he thought and straightaway began to eat the leaf he was born on. And he ate another… and another….and another. And got bigger…and bigger….and bigger…. Until one day he stopped Eating and thought, “There must be more to life that just eating and getting bigger. “It’s getting dull.” So Stripe crawled down From the friendly tree Which had shaded and fed him. He was seeking more. There were all sorts of new things to find. Grass and dirt and holes and tiny bugs – each fascinated him. But nothing satisfied him. When he came across some other crawlers like himself he was especially excited. But they were so busy eating They had...

Words: 3507 - Pages: 15

Free Essay

Awesome

...test unique material and no other clothing material is comparable. In order to cultivate silk it takes an average of 24-28 days for a silk worm to become an adult and make a cocoon. Silk harvesters will use straw to pick up the adult silkworms then unwind the cocoon. The cocoons must be heated to kill the pupae or a moth will grow from the pupae and destroy the silk. An interesting fact about silkworms is one cocoon can produce about 1,000 meters of silk. After china mastered this sophisticated technique the west traders were willing to pay gold for the same weight as silk. today china is still the main producer of silk. Ancient alchemists in China tried to discover an immortal elixir that grants the gift of immortality. Instead of immortality they discovered gunpowder which is a combination of saltpeter charcoal and sulfur. This mixture is known as potassium nitrate. During the Tang Dynasty (850 AD) this invention was used to make fireworks and signal flares before being adapted for military. The English translation for the Chinese word gunpowder is fire medicine. unique material and no other clothing material is comparable. In order to cultivate silk it takes an average of 24-28 days for a silk worm to become an adult and make a cocoon. Silk harvesters will use straw to pick up the adult silkworms then unwind the cocoon. The cocoons must be heated to kill the pupae or a moth will grow from the pupae and destroy the silk. An interesting fact about silkworms is one...

Words: 372 - Pages: 2

Premium Essay

Termite Metamorphosis

...A termite’s life may appear simple, but it is truly a complex web of life cycle stages, jobs, and possibilities. Starting from egg, termites go through metamorphosis, the changes that the majority of inspects experience throughout their life. Two predominately seen types of metamorphosis are holometabolous development and hemimetabolous development. These are more commonly referred to as complete and incomplete metamorphosis. Complete metamorphosis, occurring in ants, butterflies, and ladybugs, consist of four life cycle stages: egg, larva, pupa, and adult. Incomplete metamorphosis is experienced by crickets, grasshoppers, and our little friends, termites. This variation of metamorphosis consists of three life cycle stages: egg, nymph, and adult. To further complicate things, when a termite becomes an adult it receives a job. This is due to their social structure, the caste system. This social way of life keeps the colony organized by determining roles through heredity. The roles that may be received during adulthood are reproductive, worker, and soldier. A reproductive, if an atlate, will leave the colony with a mate, and if successful, the pair will lose their wings, becoming de-atlates, and begin to colonize. They then become king and queen, the main reproductives of the colony. The queen will have to lay around 2,000 eggs every day to sustain the colony, but that is her only responsibility for the rest of her life. She is taken care of by the neotenic termites...

Words: 881 - Pages: 4

Premium Essay

Mealworm Response Lab Report

...Mealworm Response Lab Mealworms are the larvae of the Mealworm Beetle, also known as the Darkling Beetle. The Mealworm Beetle life cycle consists of four stages: the egg, the larvae, the pupa, and the adult. Mealworm beetle eggs are small elongated spheres, about the size of a dime. The eggs hatch anywhere from four to nineteen days after being laid. When the mealworm beetles hatch, mealworm larvae emerge. These larvae feed on plants and dead insects. As these larvae grow, they periodically molt and shed their exoskeleton. Mealworm larvae are high in protein and make good food for birds and reptiles. Mealworm beetles spend eight to ten weeks in their larval stage. After the larvae have completed their last larval molt, they transform into an alien like pupa. The pupa has no legs, so the only movement allowed is slight wiggling. During this stage the larvae changes into and adult mealworm beetle. After one to three weeks, the beetle emerges as an adult beetle. The mealworm beetle lives for four to 12 months total. After one or two weeks an adult beetle will begin to breed and lay eggs, as many as 500 at a time. Mealworm larvae live most of their lives under rotting logs and decaying organic matter, and therefore, are not used to light. Because of this, being exposed to bright light for extended periods of time can greatly stress the larvae and may even lead to death. Mealworm larvae bring positive benefits to the environment. They are one of the top decomposers of dead organic...

Words: 697 - Pages: 3