Caterpillar Exits Engine Business, Enters Work-Truck Market

摘要

Caterpillar Inc. inked a supply deal on June 12 with Navistar International Corp., marking a strategic shift from Cat as an engine supplier for highway trucks to a vertically integrated truck manufacturer. Under the terms of the deal, the joint venture in 2010 will roll out a CAT-brand "severe service," construction truck powered by Navi-star's MaxxForce big-bore engines, which the company designs and builds in partnership with Germany-based MAN AG. Warrenville, III.-based Navistar will manufacture the future CAT-brand engines and trucks, while Caterpillar "will be contributing its expertise," says Navistar spokesman Roy Wiley.