Caterpillar Helps Customers Build a Better World
May 2, 2018
FOR IMMEDIATE RELEASE
Caterpillar Helps Customers Build a Better World
2017 Annual Report and Sustainability Report available online
DEERFIELD, Ill. – Caterpillar Inc. (NYSE: CAT) is illustrating how it’s helping customers build a better world in the company’s recently published 2017 Annual Report and Sustainability Report.
To read the reports, visit http://reports.caterpillar.com/.
“For more than 90 years, our customers have been using Caterpillar equipment to help improve living standards around the world,” said Caterpillar CEO Jim Umpleby. “The reports showcase our industry-leading products and services that support infrastructure and energy development, economic growth and communities, and protect the planet. We’re delivering these solutions to our customers while also implementing our strategy to achieve long-term profitable growth.”
The Annual Report showcases how the company is executing its strategy to create value for shareholders and customers. Highlights include:
- Strong business performance, including profit improvement and prioritizing the dividend – more than doubling the cash dividend since 2007.
- Strengthening of the company’s balance sheet due in part to the decisive actions taken to reduce our cost structure and generate solid cash flow.
- Implementation of a new enterprise strategy focused on delivering profitable growth using the Operating & Execution (O&E) Model as the guide and the company’s values as the foundation.
- Focus on operational excellence, expanded offerings and services with customers at the center of the company’s purpose.
The Sustainability Report highlights how the company is providing value to customers by making sustainable progress possible through its operations, products, services and solutions that make safe, productive and efficient use of resources. Achievements featured include, among others:
- Active participation in the circular economy through remanufacturing and rebuilding opportunities from components and engines to turbines and rail.
- Providing innovative support to customers, including assistance from the Job Site Solutions team and Cat® dealers to improve their operations and competitiveness, while often delivering additional sustainability benefits.
- Fostering a diverse, inclusive and safe environment where all employees can be successful and encouraged to share ideas, enabling them to achieve superior business and personal results.
- Continued commitment to communities through the Caterpillar Foundation’s support of its partners’ work to alleviate poverty.
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About Caterpillar
For more than 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 2017 sales and revenues of $45.462 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 primary segments - Construction Industries, Resource Industries and Energy & Transportation - 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.