Monday, May 7, 2007

Cat Reman in Fortune

"meeting the needs of the present without compromising the ability of future generations to meet their needs."

This is how Caterpillar defines sustainable development. I believe Caterpillar contributes to sustainable development of capital goods industry with their various efforts within the Cat Remanufacturing unit. Marc Gunther of Fortune features Cat Reman and its role in Caterpillar’s green initiatives in an article published last week.

By the way, it is reported that Cat Reman hit a 67% growth rate between 2001 and 2007. It has acquired many companies during this period, and you can read about some of these acquisitions in my previous posts. Just recently Cat finalized its five-year acquisition of Eurenov, a France based remanufacturing company. Cat Reman now operates in 15 locations and employs 2000 people, reports Marc Gunther.

Read the full article here.

Read more about Eurenov acquisition here.

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