Caterpillar (NYSE:CAT) has invested $150,000 in the STEM Partnership School at Aurora University.

Caterpillar Makes University Manufacturing Donation

Heavy vehicles manufacturing major Caterpillar (NYSE:CAT) has invested $153,240 in the science, technology, engineering and mathematic (STEM) Partnership School at Aurora University.

This investment will be used to support the university’s manufacturing curriculum.

Ken Knight, Caterpillar (NYSE:CAT)’s Aurora facility general manager, said, “Aurora University’s unique program has strong ties to the Aurora community, where a majority of our employees work and live. We look forward to matching the knowledge of our Caterpillar team with the talent at Aurora University as we design a manufacturing curriculum. We’re experts in manufacturing and Aurora University has experts in education — making this a perfect fit”.

Caterpillar Inc. (NYSE:CAT) company shares are currently standing at 107.83.

Price History
Last Price: 107.83
52 Week Low / High: 67.54 / 116.95
50 Day Moving Average: 110.91
6 Month Price Change %: 46.0%
12 Month Price Change %: -0.5%

Caterpillar (NYSE:CAT) has reportedly choosen PMAlliance for Project Management Support.

Caterpillar Selects Project Management Partner

Peoria, Illinois based world’s largest manufacturer of construction and mining equipment, diesel and natural gas engines and industrial gas turbines, Caterpillar (NYSE:CAT), has reportedly selected PMAlliance inc., the Atlanta-based international project management consulting company, for project management support of their Georgia facility project.

Doug Oberhelman, Chairman and Chief Executive Officer of Caterpillar (NYSE:CAT), said, “We are making a series of significant investments around the world to position Caterpillar (NYSE:CAT) to maintain its leadership position, and I am thrilled to be in Georgia today to announce that Athens will be the newest city to be home to a Caterpillar (NYSE:CAT) production facility.”

Caterpillar Inc. (NYSE:CAT) shares were at 112.49 at the end of the last day’s trading. There’s been a 16.8% change in the stock price over the past 3 months.

Caterpillar Inc. (NYSE:CAT) Analyst Advice
Consensus Opinion: Moderate Buy
Mean recommendation: 1.66
(1=Strong Buy, 5=Strong Sell)
3 Months Ago: 1.66
Zack’s Rank: 1 out of 8 in the industry

Caterpillar (NYSE:CAT) has inked a deal with CAW in Canada.

Caterpillar Signs CAW Agreement

Reports say that Caterpillar (NYSE:CAT)’s subsidiary company, Electro-Motive Canada, has signed a tentative deal with Canadian Auto Workers for an orderly closure of a manufacturing plant in London, Ontario.

The closure agreement is scheduled to be reviewed by the union and its 465 affected workers with a ratification vote to follow.

Electro-Motive Canada said in an official statement that, “Electro-Motive Canada has reached a tentative agreement for the safe and orderly closure of its London production operations. Details of the agreement will not be released until after the deal is ratified”.

Progress Rail Services, a subsidiary of Caterpillar (NYSE:CAT) owns Electro-Motive.

Caterpillar Inc. (NYSE:CAT) shares were at 115.00 at the end of the last day’s trading. There’s been a 21.3% movement in the stock price over the past 3 months.

Caterpillar Inc. (NYSE:CAT) Analyst Advice
Consensus Opinion: Moderate Buy
Mean recommendation: 1.66
(1=Strong Buy, 5=Strong Sell)
3 Months Ago: 1.66
Zack’s Rank: 1 out of 8 in the industry

Caterpillar (NYSE:CAT) has awarded scholarships to Eureka College.

Caterpillar (NYSE:CAT) Expands Scholarship Program

Caterpillar (NYSE:CAT) has announced that the Caterpillar (NYSE:CAT) Foundation has awarded a $75,000 grant to Eureka College for students to study in China.

The grant allows five sophomores, juniors and seniors majoring in administration, accounting or computer science to study at universities in China.

The Caterpillar (NYSE:CAT) scholarships will pay for the students’ travel, tuition, housing and meals.

Michele Sullivan, Caterpillar (NYSE:CAT) Foundation vice president, said that “The Caterpillar (NYSE:CAT) Foundation is proud to support U.S. college students studying abroad in China. It is our hope that this experience will give students some valuable insights on the global economy, the importance of China on the world stage and an unforgettable cultural experience”.

Caterpillar Inc. (NYSE:CAT) company shares are currently standing at 112.83.

Price History
Last Price: 112.83
52 Week Low / High: 67.54 / 116.55
50 Day Moving Average: 99.06
6 Month Price Change %: 36.6%
12 Month Price Change %: 13.4%

Caterpillar (NYSE:CAT) has plans to shut its Canadian locomotive facility.

Caterpillar (NYSE:CAT) To Shut Canada Plant

According to reports, Caterpillar (NYSE:CAT), the biggest construction and mining-equipment maker, is planning to close a Canadian locomotive facility.

This move is being taken in order to meet with costs. The facility provides work for almost 800 people.

Caterpillar (NYSE:CAT) stated in an official statement that, “The expenditure structure of the operation is not sustainable and attempts to discuss a new, competitive collective agreement are not winning”.

Caterpillar Inc. (NYSE:CAT) stocks are currently standing at 113.78.

Price History
Last Price: 113.78
52 Week Low / High: 67.54 / 116.55
50 Day Moving Average: 97.52
6 Month Price Change %: 25.2%
12 Month Price Change %: 15.2%

Caterpillar (NYSE:CAT) is reportedly expecting a ‘Tail Wind’ from U.S. and European demand.

Caterpillar (NYSE:CAT) Forecasts Tail Wind In Demand

The Illinois-based world’s largest manufacturer of construction and mining equipment, diesel and natural gas engines and industrial gas turbines, is reportedly expecting a ‘Tail Wind’ caused by U.S. and European demand.

Chief Financial Officer of Caterpillar (NYSE:CAT), Ed Rapp, said, “We are just two years into it. If you go back into history, our cycle is six, seven years. That catch-up in demand, that replacement cycle in the U.S. and Europe, is going to play out”.

Caterpillar Inc. (NYSE:CAT) stocks are currently standing at 110.33.

Price History
Last Price: 110.33
52 Week Low / High: 67.54 / 116.55
50 Day Moving Average: 96.73
6 Month Price Change %: 14.8%
12 Month Price Change %: 12.8%

Caterpillar (NYSE:CAT) has signed a deal with Exodus Machines.

Caterpillar (NYSE:CAT) Makes Exodus Deal

Reports say that Caterpillar (NYSE:CAT) has inked an alliance with Exodus Machines.

Caterpillar (NYSE:CAT) will use material handlers built by Exodus, and the alliance agreement follows Caterpillar (NYSE:CAT)’s formation of a new strategic business unit, the Caterpillar (NYSE:CAT) Industrial & Waste Group.

Bill Springer, vice president of Caterpillar (NYSE:CAT), said that, “Caterpillar (NYSE:CAT) is pleased to be working with Exodus to meet customers’ material handler needs. Bringing together Exodus’ intense focus on material handlers and their innovative designs with our unmatched distribution and product support capabilities, the alliance creates a force that will serve customers well”.

Caterpillar Inc. (NYSE:CAT) shares are currently standing at 109.12.

Price History
Last Price: 109.12
52 Week Low / High: 67.54 / 116.55
50 Day Moving Average: 96.13
6 Month Price Change %: 9.6%
12 Month Price Change %: 15.4%

Caterpillar (NYSE:CAT) has been adding new jobs by expanding its Toccoa facility.

Caterpillar (NYSE:CAT) Expanding Facility Jobs

Caterpillar (NYSE:CAT) is going to expand its Toccoa facility by adding 40,000 square-feet of manufacturing and warehouse space to the existing 70,000 square-foot facility.

This $20 million expansion will create 50 new job opportunities in the area.

Caterpillar (NYSE:CAT)’s vice president for Remanufacturing and Components Division Greg Folley said, “We use the seals produced in Toccoa in most of our machines. This expansion will allow us to better serve both our U.S. and global customers since more than 20 percent of the seals produced here are directly exported outside the United States”.

Caterpillar Inc. (NYSE:CAT) shares are currently standing at 111.28.

Price History
Last Price: 111.28
52 Week Low / High: 67.54 / 116.55
50 Day Moving Average: 95.86
6 Month Price Change %: 12.6%
12 Month Price Change %: 15.2%