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4-Traders Homepage  >  Equities  >  Nyse  >  Caterpillar Inc.    CAT

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Caterpillar Inc. : Cat® Advanced Wear Coatings Services Now Available

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07/03/2012 | 08:11pm CET

Press Release




For Release in North America: June 2012

Release Number: 260PR12

Cat® Advanced Wear Coatings Services Now Available

For Extending Life of WideRange of Industrial Equipment

Shermco Industries to market Caterpillar wear coatings services

to equipment manufacturers and users of large equipment

For more than 35 years, Caterpillar has been developing and applying advanced wear coatings to extend the service life and performance of Cat® machine components-whether new or remanufactured. Now the same Cat custom services are available to other equipment manufacturers as well as users of large industrial equipment.

Those services-including tailored research and development work, product validation, and turnkey coating and finish machining by the global Cat Reman network-now are marketed by Shermco Industries, based in Irving, Texas. Shermco is a long established provider of testing, repair, maintenance and analysis of rotating apparatus and electrical power distribution systems and related equipment in North America.

"The strength of the Caterpillar research and development capabilities enables us to identify and validate a solution efficiently, and our network of state-of-the-art remanufacturing facilities allows us to apply the solution, all within our organization," said Tony Zampogna Jr., commercial manager of Industrial Solutions Advanced Wear Coatings for Caterpillar. "The marketing agreement with Shermco leverages their understanding of industrial customers to identify the best opportunities for Caterpillar technical capabilities to solve problems, and in the end to reduce costs for the end user-the same thing we do with Cat heavy equipment."

The metal deposition wear coating processes performed by Caterpillar include laser cladding, twin wire arc spray, HVOF thermal spray coatings, plasma transfer arc weld, cold spray and bore spray. Finish machining to the highest quality standards completes the process for each component.

For more information about Cat advanced wear coating and machining capabilities, contact your Shermco Industries representative at +1.972.793.5523 or go to: www.shermco.com

# # #

CAT, CATERPILLAR, their respective logos, "Caterpillar Yellow" and the "Power Edge" trade dress, as well as corporate and product identity used herein, are trademarks of Caterpillar and may not be used without permission.

Press Inquiries

Cat Trade Press Media Representatives

Americas

Sharon Holling: Holling_Sharon_L@cat.com

Europe, Africa, Middle East

FrancineShore: Shore_Francine_M@cat.com

General Email: Cat_Trade_Press@cat.com

Reader Requests

www.cat.com/requestCatinfo

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Sales 2016 38 874 M
EBIT 2016 2 752 M
Net income 2016 1 438 M
Debt 2016 21 388 M
Yield 2016 3,23%
P/E ratio 2016 37,80
P/E ratio 2017 34,22
EV / Sales 2016 1,97x
EV / Sales 2017 1,99x
Capitalization 55 336 M
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Donald James Umpleby Chief Executive Officer
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