Executives from Caterpillar Inc., Mitsubishi Heavy Industries Ltd. and Shin Caterpillar Mitsubishi Ltd. have signed a nonbinding memorandum of understanding to conclude a plan that would result in a new ownership structure for SCM.
The companies are in discussions with the intention of reaching definitive agreements for the plan where Caterpillar would own the majority [...]

Vehicles for use in the building and construction industry have always benefited from the innovations taking place in heavy goods vehicles. But all the main manufacturers are also offering special drive technology, superstructures and other components all designed to cope with the extreme stresses involved in building and construction. At the 28th bauma, which takes [...]