LAS VEGAS, March 4, 2014 /PRNewswire/ -- Caterpillar Inc. (NYSE: CAT) is highlighting the latest technology solutions and fuel efficiency for its U.S. EPA Tier 4 Interim and Tier 4 Final construction equipment at CONEXPO-CON/AGG 2014. An estimated 125,000 show attendees will have the opportunity to experience four Caterpillar exhibits, totaling nearly 60,000 square feet of floor space and featuring more than 40 machines.
"While our customers experience the advantages of Cat equipment and our dealer network daily, we look forward to this opportunity every three years to show them the latest in our product lineup at CONEXPO-CON/AGG," said Caterpillar Chairman and Chief Executive Officer Doug Oberhelman. "This year, we are excited to demonstrate how our Cat® Connect portfolio of integrated technologies can help our customers get the most out of their current machines and our newest construction products." Cat Connect offers flexible services and solutions for customers to monitor, manage and enhance job site productivity, safety, fuel usage and equipment utilization and uptime. By leveraging a broad suite of technologies, Cat Connect can integrate products, processes and people to not only help customers succeed on the job site, but also across mixed fleet operations of any size.
"We continuously hear from customers who use our products that in addition to technology advancements to help improve operator performance and productivity, fuel efficiency is a key driver for improving their operations," said Caterpillar Group President Ed Rapp. "We've responded with Tier 4 Interim and Tier 4 Final machines that deliver significantly improved fuel efficiency, and our customers have noticed the difference. Not only does this help our customers succeed through reduced operating costs, it also results in fewer emissions for more sustainable operations—better quality, better emissions, better fuel economy. It really does show the power of systems integration and the power of Cat products and services."
Caterpillar exhibit highlights: Integrated Technology Solutions Cat Connect will be the primary focus of the North Hall exhibit, combining Cat technology products and services in integrated and scalable forms. Regardless of the size and complexity of the operation or the number or make of machines utilized, Cat Connect provides customers with the flexibility to select various technologies and services to meet job site requirements and achieve successful business results.
Hydraulic Hybrid and Advanced Powertrain Technology More than a dozen new Cat machines will make their North American trade show debut at CONEXPO-CON/AGG, including the new 336F Hydraulic Hybrid Excavator. This machine will replace the 336E H Hybrid to meet Tier 4 Final emissions standards and it's expected to deliver even greater fuel savings with no loss of power or productivity.
The new M Series wheel loader line will also be showcased, represented by the 972M XE. The machine features the XE advanced powertrain, with technology resulting in 25 percent lower fuel consumption on average when compared to machines with traditional torque converters—another example of how improved fuel efficiency leads to a more sustainable option for customers.
Product Support Solutions New to the Caterpillar features at CONEXPO-CON/AGG, Caterpillar Product Support will display a broad selection of new and remanufactured components, parts and services in the South Hall. In the Gold Lot exhibit, Caterpillar will feature 15 machines, including a new motor grader and scraper, which incorporate innovative technologies to aid operator performance and promote productivity. Visitors will also find the Cat Merchandise Center, Cat Rental and the Cat dealer area in the Gold Lot. For more information about our fuel efficient machines, visit http://cat.com/fuel-efficiency-us.
About Caterpillar: For nearly 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 2013 sales and revenues of $55.656 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 - Resource Industries, Construction Industries and Power Systems - 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.
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Caterpillar's actual results may differ materially from those described or implied in our forward-looking statements based on a number of factors, including, but not limited to: (i) global economic conditions and economic conditions in the industries we serve; (ii) government monetary or fiscal policies and infrastructure spending; (iii) commodity price changes, component price increases, fluctuations in demand for our products or significant shortages of component products; (iv) disruptions or volatility in global financial markets limiting our sources of liquidity or the liquidity of our customers, dealers and suppliers; (v) political and economic risks, commercial instability and events beyond our control in the countries in which we operate; (vi) failure to maintain our credit ratings could increase our cost of borrowing and adversely affect our cost of funds, liquidity, competitive position and access to capital markets; (vii) our Financial Products segment's risks associated with the financial services industry; (viii) changes in interest rates or market liquidity conditions could adversely affect Cat Financial's and our earnings and /or cash flow; (ix) an increase in delinquencies, repossessions or net losses of Cat Financials customers could adversely affect its results; (x) new regulations or changes in financial services regulations; (xi) we may not realize all of the anticipated benefits of our acquisitions, joint ventures or divestitures, or these benefits may take longer to realize than expected; (xii) international trade policies may impact demand for our products and our competitive position; (xiii) our ability to develop, produce and market quality products that meet our customers' needs; (xiv) the highly competitive environment in which we operate could adversely affect our sales and pricing; (xv) we may not realize all of the anticipated benefits from a number of initiatives to increase our productivity, efficiency and cash flow and to reduce costs; (xvi) we could incur additional restructuring charges and may not realize anticipated savings or benefits from past or future cost reduction actions; (xvii) inventory management decisions and sourcing practices of our dealers and our OEM customers; (xviii) compliance with environmental laws and regulation; (xix) alleged or actual violations of trade or anti-corruption laws and regulations; (xx) additional tax expense or exposure; (xxi) currency fluctuations; (xxii) our or Cat Financial's compliance with financial covenants; (xxiii) increased pension plan funding obligations; (xxiv) union disputes or other employee relations issues; (xxv) significant legal proceedings, claims, lawsuits or investigations; (xxvi) compliance requirements imposed if additional carbon emissions legislation and/or regulations are adopted; (xxvii) changes in accounting standards; (xxviii) failure or breach of IT security; (xxix) adverse effects of unexpected events including natural disasters; and (xxx) other factors described in more detail under "Item 1A. Risk Factors" in our Form 10-K filed with the SEC on February 18, 2014, for the year ended December 31, 2013.
SOURCE Caterpillar Inc.