Caterpillar Highlights Innovative Solutions for its Customers at bauma 2013
Technology solutions and more than 70 products on display to showcase theme
"Committed to Your Success. All Day. Every Day."
MUNICH, April 15, 2013
MUNICH, April 15, 2013 /PRNewswire/ -- Caterpillar Inc. (NYSE: CAT) and its
German dealer, Zeppelin Baumaschinen GmbH,are exhibiting the latest Cat^®
machines, work tools and engines to thousands of visitors beginning today at
the world's largest construction industry trade show, bauma 2013. They'll also
highlight key productivity enhancements on machines, equipment management and
job site management through technology solutions like Product Link™, Vision
Link™, Cat Grade Control and Accugrade™.
Caterpillar's theme of the show – "Committed to Your Success. All Day. Every
Day." – means helping customers make more money with Cat products than with
any others – and it begins with fuel economy.
"One of the stars of this show is a machine that epitomizes our commitment to
bring value to our customers by lowering their owning and operating costs,"
said Caterpillar Chairman and CEO Doug Oberhelman. "We're launching our
first-ever product to use our new hydraulic hybrid technology - the Cat 336E
H. This excavator uses as much as 25 percent less fuel than the standard 336E,
without sacrificing performance, and is a core example of Caterpillar's
innovation. Since fuel is one of our customers' largest expenses, this hybrid
technology can directly improve their bottom lines."
Other products on display that focus on technology to deliver leading
productivity, fuel economy and sustainability include:
oThe 988K wheel loader, also being launched at the show, is equipped with
an engine type approved for the stringent European Union (EU) Stage IV,
and that also uses United States (U.S.) EPA Tier 4 Final emission
standards.The 988K also offers up to 20 percent greater fuel efficiency
compared to the previous model.
oThe Cat ^ 966K XE wheel loader, equipped with an advanced powertrain
system, delivers up to a 25 percent fuel efficiency improvement over the
previous model with optimum performance.
oThe Cat D7E Electric Drive track-type tractor, which was introduced in
2009, was the first track-type tractor with a diesel-electric power train
to be sold commercially. The company marked a significant milestone in
2012 by selling its 500^th D7E.
oA full range of Stage IV, Tier 4 Final industrial engines and technologies
that meet high expectations for reliability, performance, fuel and fluid
efficiency and component life, with significantly reduced emissions. Cat
industrial engines are utilized by a wide range of Original Equipment
Manufacturers in the construction, mining and general industrial sectors.
bauma gives Caterpillar one of the largest stages in the world to showcase its
commitment to customers in a region of the world that is important to the
"The current economic uncertainty in Europe doesn't change our long-term focus
here," said Oberhelman. "We have a history in Europe that exceeds 80 years,
and we continued our strategic growth in 2011 by purchasing MWM, a leading
global supplier of sustainable, natural gas and alternative-fuel engines. Our
footprint in this part of the world and our relationships with dealers like
Zeppelin, which provides our customers unparalleled customer support and
service, will help our customers weather the storm."
Representatives from Cat Financial and Cat Insurancewill also be at bauma,
allowing customers who make purchases during the show to benefit from the full
range of our service offerings. Plus, customers can also learn more about
products offered through Zeppelin Rental, as well as Cat Certified Used and
Cat Remanufacturing. bauma 2013 runs Monday, April 15, through Sunday, April
21. More than 450,000 visitors from 200 countries are expected to attend.
For more than 85 years, Caterpillar Inc. has been making sustainable progress
possible and driving positive change on every continent. With 2012 sales and
revenues of $65.875 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 also is
a leading services provider through Caterpillar Financial Services,
Caterpillar Remanufacturing Services and Progress Rail Services. More
information is available at: http://www.caterpillar.com.
Certain statements in this press release relate to future events and
expectations and are forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995. 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 we do not undertake to update our forward-looking statements.
Caterpillar's actual results may differ materially from those described or
implied in our forward-looking statements based on a number of factors,
including, but not limited to: (i)global economic conditions and economic
conditions in the industries and markets we serve; (ii)government monetary or
fiscal policies and infrastructure spending; (iii)commodity or component
price increases, fluctuations in demand for our products, or limited
availability of raw materials and component products, including steel;
(iv)our and our customers', dealers' and suppliers' ability to access and
manage liquidity; (v)political and economic risks and instability, including
national or international conflicts and civil unrest; (vi)our and Cat
Financial's ability to: maintain credit ratings, avoid material increases in
borrowing costs, and access capital markets; (vii)the financial condition and
credit worthiness of Cat Financial's customers; (viii) changes in interest
rates or market liquidity; (ix) changes in financial services regulation; (x)
inability to realize expected benefits from acquisitions, including ERA Mining
Machinery Limited, and divestitures, including the divestiture of the Bucyrus
International, Inc. distribution business to our independent dealers;
(xi)international trade and investment policies; (xii)market acceptance of
our products and services; (xiii)changes in the competitive environment,
including market share, pricing and geographic and product mix of sales; (xiv)
successful implementation of capacity expansion projects, cost reduction
initiatives and efficiency or productivity initiatives, including the
Caterpillar Production System; (xv)inventory management decisions and
sourcing practices of our dealers or original equipment manufacturers;
(xvi)compliance with environmental laws and regulations; (xvii)alleged or
actual violations of trade or anti-corruption laws and regulations;
(xviii)additional tax expense or exposure; (xix)currency fluctuations;
(xx)our or Cat Financial's compliance with financial covenants;
(xxi)increased pension plan funding obligations; (xxii)union disputes or
other labor matters; (xxiii) significant legal proceedings, claims, lawsuits
or investigations; (xxiv)compliance requirements imposed if carbon emissions
legislation and/or regulations are adopted; (xxv)changes in accounting
standards; (xxvi)failure or breach of information technology security;
(xxvii)adverse effects of natural disasters; and (xxviii)other factors
described in more detail under "Item 1A. Risk Factors" in our Form10-K filed
with the SEC on February19, 2013 for the year ended December31, 2012. This
filing is available on our website at www.caterpillar.com/secfilings.
SOURCE Caterpillar Inc.
Contact: Rachel Potts, Global Government & Corporate Affairs, Caterpillar,
309-675-6892, 309-573-3444, Potts_Rachel_A@cat.com
Press spacebar to pause and continue. Press esc to stop.