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Caterpillar : Yellow Iron a Highlight of White House “Made in America” Showcase

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07/17/2017 | 07:17pm CEST

July 17, 2017


Caterpillar Yellow Iron a Highlight of White House 'Made in America' Showcase

WASHINGTON, D.C. - Today Caterpillar Inc. (NYSE: CAT) brought its iconic yellow iron to the White House as part of a 'Made in America' event to showcase products built in the United States. Companies from all 50 states were invited - Caterpillar solely representing Illinois as a top example of the power of American manufacturing. A 966M wheel loader, built in Aurora, Illinois, is adorning the South Lawn of the White House, standing out amongst other American-made products at the event. Kathryn Karol, Caterpillar vice president of Global Government and Corporate Affairs, and Jamie Alban, president of independent dealer Alban Cat, are attending the event on behalf of Caterpillar.

'Caterpillar is proud to represent Illinois and showcase this wheel loader as just one example of the skill and craftsmanship of our employees,' said Caterpillar CEO Jim Umpleby. 'We appreciate the President's dedication to manufacturing industries and the men and women who build and deliver some of the finest products in the world. Caterpillar has a substantial presence across the country - operations in 19 states, approximately 70 facilities, a workforce of 48,500, the tremendous strength of the independent Cat dealer network supporting customers in all 50 states and a supplier base of more than 15,000 companies. We welcome the opportunity to continue working with the Trump Administration on policies that will increase economic growth.'

Caterpillar has been a strong advocate for comprehensive tax reform, enhanced infrastructure investments, energy solutions and open markets. Caterpillar is proof that you can compete based in the United States, and its leaders continue to work closely with policymakers to push forward an agenda that will revitalize American manufacturing.

966M Wheel Loader Details
This all-purpose machine represents the best-in-class earthmoving equipment that Caterpillar is known for - finding itself an integral part of many job sites, from construction and highway projects to mining sites - and anywhere in between. This wheel loader applies proven technologies systematically and strategically to reach high expectations for reliability, productivity, and long service life. It meets the U.S. EPA Tier 4 Final/EU Stage IV emission standards as part of Caterpillar's commitment to sustainability while providing enhanced fuel efficiency.

About Caterpillar
For more than 90 years, Caterpillar Inc. has been making sustainable progress possible and driving positive change on every continent. Customers turn to Caterpillar to help them develop infrastructure, energy and natural resource assets. With 2016 sales and revenues of $38.537 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 principally operates through its three product segments - Construction Industries, Resource Industries and Energy & Transportation - and also provides financing and related services through its Financial Products segment. For more information, visit caterpillar.com. To connect with us on social media, visit caterpillar.com/social-media.

Caterpillar Inc. published this content on 17 July 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 17 July 2017 17:17:08 UTC.

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Financials ($)
Sales 2017 41 427 M
EBIT 2017 3 728 M
Net income 2017 1 885 M
Debt 2017 28 593 M
Yield 2017 2,70%
P/E ratio 2017 35,84
P/E ratio 2018 20,33
EV / Sales 2017 2,32x
EV / Sales 2018 2,12x
Capitalization 67 482 M
Duration : Period :
Caterpillar Technical Analysis Chart | CAT | US1491231015 | 4-Traders
Technical analysis trends CATERPILLAR
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus HOLD
Number of Analysts 22
Average target price 112 $
Spread / Average Target -1,8%
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Donald James Umpleby Chief Executive Officer & Director
David L. Calhoun Independent Chairman
Bradley M. Halverson Chief Financial Officer & Group President
Julie A. Lagacy Chief Information Officer & Vice President
William A. Osborn Independent Director
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