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Caterpillar, Navistar to team up

Published Thursday, June 12, 2008

Caterpillar Inc. and Navistar International Corp. have signed a Memorandum of Understanding (MOU) to cooperate on a number of engine platforms and pursue global on-highway truck business opportunities, the companies announced this morning. Through the strategic alliance, Caterpillar said it plans on introducing a North American Cat branded heavy-duty truck in 2010 designed for severe service applications, such as road construction, large infrastructure projects and oil and petroleum development. The two companies plan to cooperate on engine development of mid-range engines for diesel applications that support each company’s decision not to utilize urea-based Selective Catalytic Reduction (SCR) technology ...

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