Caterpillar to Package 3500 Series Engines in Brazil to Support Petroleum and Marine Customers
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Caterpillar, Inc. General Construction, Landscaping & Agriculture Products
400 Regency Forest Dr.
Cary, NC, 27518
Press release date: May 12, 2011
PEORIA, Ill. -- With demand for Cat® power solutions continuing to increase in Brazil, Caterpillar Inc. (NYSE: CAT) is pleased to announce a new operation for packaging generator sets and diesel electric propulsion systems in support of marine and petroleum customers in Brazil. Operations to package 3500C series engines will begin in the third quarter of 2011 at the Caterpillar facility in Piracicaba, Sao Paulo, Brazil.
"The strategic decision to expand product offerings packaged in Brazil is based on Caterpillar's global corporate strategy, which forecasts continued positive growth in Brazil," said Caterpillar Vice President Richard Case. "Across the company, we consistently strive to win with customers and make it easy for them to do business with us. Increasing our presence in Brazil will enable us to achieve both goals."
The generator sets and diesel electric propulsion systems to be packaged in Piracicaba will include significant local content. By expanding Brazilian-based operations, Caterpillar will better serve customers in the growing marine and petroleum offshore markets. Specifically, in recent years, significant oil and natural gas reserves have been discovered off the coast of Brazil. These resources are extracted from a geological formation known as the Pre-salt layer.
"Caterpillar has a deeply-rooted history in Brazil, going back more than 80 years, and has been manufacturing in Brazil since 1960. We are pleased to announce this increase in our already substantial presence in Brazil," said Luiz Calil, Caterpillar Brazil President. "We are thrilled that we're able to capitalize on our existing factory in Piracicaba and leverage our local expertise to manufacture solutions for the marine and petroleum markets in Brazil. These products will be ideal for meeting the needs and requirements of key customers in the region, particularly as Brazil develops the new Pre-salt reserves."
The 3500C series packages for diesel electric propulsion and marine auxiliary power have a track record of performance in marine applications. They are commonly utilized in tug and salvage, cargo and offshore applications.
"The need for reliable offshore power for marine and petroleum applications is expected to increase as Brazil's petroleum reserves are developed and expanded. We have been pleased with the success of the 3500 diesel electric propulsion and marine auxiliary power generation in the Brazilian offshore market, and we will continue to develop high-speed and medium-speed offerings for our offshore customers," Case noted. "Fully meeting our customers' expectations remains our top priority and we look forward to delivering superior power solutions to our customers in Brazil."
For more than 85 years, Caterpillar Inc. has been making sustainable progress possible and driving positive change on every continent. With 2010 sales and revenues of $42.588 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 also is a leading services provider through Caterpillar Financial Services, Caterpillar Remanufacturing Services, Caterpillar Logistics Services and Progress Rail Services. More information is available at: http://www.caterpillar.com.
About Caterpillar Brasil:
Located in Piracicaba (SP), Caterpillar Brasil celebrates 56 years of absolute market leadership in the segments it serves. They have achieved Class A Operational Excellence, ISO 9001 and ISO 14001 certifications. The national products line has 40 different machine models, including hydraulic excavators, compactors, wheel loaders, motor graders, backhoe loaders and track-type tractors. Caterpillar also produces generator sets in the 32 to 750 kVA range, special tools and accessories for its equipments. The company has 6,000 employees and is recognized for people management, its socially responsible actions and respect to the environment. In September 2010, the company announced expansion plans of its manufacturing capacity in Brasil, by acquiring a new industrial facility in Campo Largo, Parana state, which will begin its operations later this year. The company is the main exporter in its industry and the 15th largest in the country. More information is available at: www.caterpillar.com.br
About Caterpillar Global Petroleum:
Caterpillar Global Petroleum, with headquarters in Houston, Texas, United States, groups all the sales and service activities for Cat and MaK petroleum power solutions within Caterpillar Inc. Since the 1930s, Caterpillar has manufactured engines for the oilfield and today provides premier power solutions with outputs from 31 to 16,000 kW. The sales and service network includes more than 2,100 dealer locations world-wide dedicated to support customers in the drilling, production, well service and gas compression segments. More information is available at: http://catoilandgas.cat.com/news
About Caterpillar Marine Power Systems:
Caterpillar Marine Power Systems, with headquarters in Hamburg, Germany, groups all the marketing and service activities for Cat and MaK marine power systems within Caterpillar Inc. The organization provides premier power solutions in the medium- and high-speed segments with outputs from 10 to 16,000 kW in marine power solutions. The sales and service network includes more than 2,100 dealer locations worldwide dedicated to supporting customers in commercial marine and pleasure craft vessels wherever they are located More information is available at: MARINE.CAT.COM/pr
SOURCE Caterpillar Inc.
CONTACT: Jim Dugan, Corporate Public Affairs of Caterpillar Inc., +1-309-494-4100, firstname.lastname@example.org, or Rosa Morais - Caterpillar Brasil, 55 19 21062245, Fax, 55 19 21062430, email@example.com
Web Site: http://www.CAT.com