Caterpillar announced Aggressive Investment plans
The CEO and Chairman of the Caterpillar Incorporations, Doug Oberhelman, along with their members from the company updated the Aggressive Investment plans. This plan reveals the significant investments and long term growth opportunities in order to satisfy the customer’s needs across the world. The meeting was held at CONEXPO-CON or AGG Trade Show based in Las Vegas, Nevada well known as the best international Show especially for Construction Industry.
The Caterpillar displayed their 40 machines, technology solutions, various variety in work tools, engines, and variety of components. Due to the demand from the heavy industries, in terms of heavy machineries, it is expected the need of the tools and equipments is going to rise in the coming years.
The Chairman and CEO of the Caterpillar Incorporations said that, “We have well organized our investment plans in order to meet the requirements across the globe and hence we are pretty confident to achieve tremendous goals for the 2012”. Besides these the company has also put forward their organizational structure and discussed the investments and growth opportunities for the Cat’s Machine Business.
By the 2015, we are going to capture more than $ 5billion in order to increase the production capacity to fascinate the customers. In addition to this they are going to expand their business factors to Asia in large demand. Even the Cat is going to collaborate with three significant makers namely, Motoren Werke Mannjeim, Buctrus International and Electro Motive Diesel.
The resources are totally focused on the profit growth and best sales for their strategic plans. For brighter future, the company is moving ahead and hence we can see through the leaders and dedicate employees from the Caterpillar Incorporations.