Caterpillar

Courtesy Sam Kherat

Whether in Dubai, Pittsburgh, or Peoria, Sam Kherat believes in preparing people for the 21st century workplace.

Would Caterpillar Ever Abandon China?

Aug 15, 2020

U.S. companies are leaving China thanks to the trade war, noted the business magazine Forbes earlier this year. Would Caterpillar Inc., which has doing business in the country since 1975, ever consider such a move?

Courtesy of the Media History Digital Library / University of Wisconsin-Madison / https://lantern.mediahist.org/catalog/motionpicturenew26novd_0547

A 97-year-old silent film once thought lost forever was recently rediscovered amidst a collection of old film reels donated by a Peoria man to the Chicago Film Archives.

Caterpillar's second quarter sales and revenues declined 31 percent year-over-year, the company announced Friday.

Jeff Smudde / WCBU

Caterpillar is laying off more employees to cut costs in the wake of COVID-19.

Caterpillar is "indefinitely" laying off an unspecified number of employees at its East Peoria Building KK plant.

Jeff Smudde / WCBU

Caterpillar said COVID-19 is beginning to negatively impact the earthmoving giant's supply chain - and warned more facility closures may be on the horizon.

Jeff Smudde / WCBU

Thousands of Caterpillar employees will continue heading to work under Gov. J.B. Prtizker's executive stay-at-home order meant to control the COVID-19 virus.

Caterpillar

Caterpillar ended the year with a drop in sales and revenue and an uncertain 2020 outlook.

Tim Shelley / WCBU

The Peoria Innovation Hub formally kicked off Monday in downtown Peoria. 

Jeff Smudde / WGLT

Caterpillar is reporting a drop in sales and revenues, as well as profit per share.

Caterpillar's employee insurance plan and OSF HealthCare have reached a new agreement to continue coverage, just days before the old contract was set to expire. 

Caterpillar, Inc.

Caterpillar financial and accounting employees in Peoria may soon be looking for new work. 

OSF and Caterpillar have only a few days left to come to an agreement on continued hospital and home care coverage for Big Yellow’s employees. 

Illinois’ recent innovation bump could be a sign of bigger trends to come. 

Wall Street didn’t like what it saw in Caterpillar’s second quarter earnings report...but there may still be some reasons for Big Yellow to feel optimistic this year.

Autonomous Stuff vehicle
WCBU Staff

PEORIA -- Last week, Morton's AutonomouStuff started up a self-driving vehicle pilot project in downtown Peoria. But this could only be the beginning for the technology’s future in Central Illinois.

Caterpillar, Inc.

Caterpillar, Inc. will supply autonomous trucks and technology for a new Australian iron ore operation. Mining giant Rio Tinto announced the deal last week.

CAT Boosts Dividend

May 2, 2019
Caterpillar

Caterpillar is boosting its quarterly dividend 20%.

Caterpillar is reporting a 20-percent jump in annual profit. The Deerfield-based company recorded $54.7-billion in sales and revenue last year, up from $45.5-billion in 2017.

Caterpillar, Inc.

The Caterpillar Inc. board of directors is changing its leadership.

Caterpillar Celebrates Production Milestone

Oct 26, 2018
Caterpillar

  Caterpillar celebrated a milestone in East Peoria when the 40,000 large Track Type Tractor rolled off the line in building SS.

 

The production benchmark Thursday corresponds closely with Caterpillar’s 40th anniversary of making the large dozer. It’s one of the company’s most iconic machines. The line includes the D9, D10 and D11.

 

The D11T that was number 40,000 was built for Teck Resources Limited. According to Caterpillar, Teck has been one of its top customers for more than a decade.

Caterpillar, Inc.

Caterpillar is refreshing the logo on several products. The company unveiled the new “Cat Modern Hex” image Monday.

Caterpillar, Inc.

Caterpillar shareholders will receive their next quarterly dividend in November.

Caterpillar, Inc.

Deerfield, IL - Caterpillar's second-quarter easily beat Wall Street expectations thanks in part to the blistering pace of construction and demand for big machines.

Republican Gov. Bruce Rauner and first lady Diana Rauner have released a partial list of donors to a $15 million renovation of the Illinois Governor's Mansion.

Creative Commons

AURORA, Ill. - Caterpillar has officially put its Aurora production plant on the market.

Caterpillar, Inc.

A boost in equipment sales propelled Caterpillar's first-quarter profit, as a strong global economy helped support construction and energy industry projects.

Construction equipment sales rose 38 percent during the quarter, while energy and transportation equipment sales rose 26 percent. North America remained the company's biggest market, with its Asia/Pacific region coming in as its next biggest. CAT boosted its full-year outlook by $2 per share.

2017 a Good Year For Caterpillar

Jan 25, 2018
Caterpillar, Inc.

Caterpillar sales and revenue was up 35 percent in the fourth quarter of 2017 compared to the previous year. The company is reporting full year sales and revenue of $45.5 Billion. That’s up 18 percent from 2016. Caterpillar’s full-year profit was $1.26 per share, compared with a loss of $0.11 per share in 2016.

 

Caterpillar Shares Strong, Following Upbeat Q3 Report

Oct 24, 2017
Cass Herrington / Peoria Public Radio

Caterpillar’s third quarter figures are out -- The company’s revenues continue to climb, and its stock followed suit Tues.

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