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A worker was crushed by the machine he was servicing at a Caterpillar facility in central Illinois, an autopsy has found.
The (Peoria) Journal Star reports that an autopsy performed Monday confirms that 34-year-old Troy Bryner of Wyoming died Sunday of head injuries. Bryner was pronounced dead at OSF Saint Francis Medical Center about 40 minutes after being crushed by the machine.
Caterpillar CEO Douglas Oberhelman. (Andrew Harrer/Bloomberg)
An Associated Press review has found that Caterpillar quadrupled CEO Doug Oberhelman’s compensation last year when he took over the top job, but his $10.4 million package was less than half what the retiring chief executive received.
Oberhelman became CEO last summer and added the chairman title later after Jim Owens retired. Owens’ compensation more than tripled in 2010 to $22.5 million, mostly from a stock grant worth $16 million. Get the full story »
U.S. heavy machinery maker Caterpillar will buy Balfour Beatty Plc.’s trackwork manufacturing business that makes rail switches and crossings, Balfour said on Friday. Get the full story »
From Bloomberg News | Peoria-based Caterpillar Inc., the world’s largest maker of construction and mining equipment, offered remedies to European Union regulators examining its plan to buy MWM Holding GmbH.
Caterpillar Inc. said Friday it agreed to form a joint venture with a Chinese transmission manufacturer that will build drivetrain systems and other components for Caterpillar machinery and produce a line of automatic transmissions for highway travel. Get the full story »
Caterpillar CEO Doug Oberhelman at a panel at the U.S. Export-Import Bank in Washington, D.C., March 31, 2011. (Andrew Harrer/Bloomberg)
Caterpillar Inc. leader Douglas Oberhelman emerged from a one-hour meeting with Gov. Pat Quinn Tuesday morning, assuring that the Peoria-based manufacturing titan intends to stay put and help push for improvements in the state’s business climate. Get the full story »
Gov. Pat Quinn plans to talk to the head of Caterpillar Inc. about Illinois business climate, countering the efforts of other states to lure the company away. Quinn and Caterpillar CEO Doug Oberhelman are scheduled to meet Tuesday morning. Get the full story »
Caterpillar CEO Douglas Oberhelman speaks at a conference hosted by the U.S. Chamber of Commerce in Washington, D.C., March 30, 2011. (Andrew Harrer/Bloomberg)
News reports that Peoria-based Caterpillar Inc. was thinking of exiting Illinois were misleading, Doug Oberhelman, chairman and chief executive of the construction and mining machine maker, said Wednesday.
The media read too much into his recent letter to Illinois Gov. Pat Quinn, he said. Get the full story »
The chief executive of Peoria-based Caterpillar Inc. again criticized the business climate in the heavy equipment maker’s home state of Illinois Wednesday, but downplayed reports that it might leave. Get the full story »
Nebraska Gov. Dave Heineman is one of the people trying to persuade Caterpillar to move the headquarters of its mining and construction equipment business out of Illinois. Get the full story »
From Bloomberg News | Peoria-based manufacturing giant Caterpillar Inc. paid more than $9 million to settle a paralyzed worker’s lawsuit over a tractor accident that generated one of last year’s largest produc-liability verdicts, according to people familiar with the accord.
Caterpillar Inc., suggesting that it could shift jobs out of Illinois, is prodding its home state to cut government spending and roll back tax increases.
Doug Oberhelman, chief executive officer of the giant Peoria-based maker of construction and mining equipment, protested against the state’s tax and spending policies in a March 21 letter to Illinois Gov. Pat Quinn, a Democrat who took office in January 2009.
“I want to stay here,” the letter said. “But as the leader of this business, I have to do what’s right for Caterpillar when making decisions about where to invest. The direction that this state is headed in is not favorable to business, and I’d like to work with you to change that.” Get the full story »
Caterpillar Inc. will likely take a break from acquisitions after reaching three large deals in the past year, executives at the world’s largest maker of heavy equipment said.
The company will be focused on closing its $7.6 billion takeover of mining equipment maker Bucyrus International, and then on integrating that new operation into the rest of its business, Chief Executive Doug Oberhelman said. Get the full story »
Heavy-equipment maker Caterpillar Inc. says it is considering selling off part of its logistics subsidiary, so it can focus on its core business. Get the full story »
(AP Photo/Toby Talbot, file)
Caterpillar says February was another strong month for sales of its mining and construction equipment, and global sales grew 59 percent over last year.
The Peoria-based company reported sales figures Friday in documents filed with the Securities and Exchange Commission. Get the full story »
