Home/Current News
Previous Issues
Features
Equipment Spotlight
New Product Showcase

Editorial Calendar

Advertisements
Classifieds
Place a Classified Ad
Request a Quote
Marketing Services

Information Resources
Events Calendar
National Organizations
Regional Organizations
Auto Organizations
General Links
Add a Link

Search:

Advanced Search
Contact Us
Subscribe
Update Subscription 

September 2004

Caterpillar Expands Remanufacturing Business with New Acquisition

Peoria, IL— Caterpillar Inc. and Remy International, Inc. have announced that Caterpillar Remanufacturing Services (Cat Reman) will acquire Williams Technologies, Inc. (WTI), a leading remanufacturer of automatic transmissions, torque converters, and engines for automotive and medium and heavy-duty truck applications. Williams Technologies currently remanufactures over 40 transmission models for a variety of automotive original equipment manufacturers (OEM) and vehicle platforms. This acquisition represents an expansion of Caterpillar Remanufacturing Services into the automotive powertrain remanufacturing business.

Caterpillar is one of the world’s largest remanufacturers, recycling more than 100 million pounds of used iron every year into remanufactured engine, transmission and hydraulic components. The acquisition also builds on relationships already established in the automotive industry by Caterpillar subsidiary Caterpillar Logistics Services, Inc.

Williams Technologies is located in Summerville, South Carolina and employs approximately 500 personnel. Williams will join seven other Caterpillar remanufacturing facilities located in the U.S., Mexico and Europe.

Caterpillar and Remy recently signed the definitive agreement for the sale of Williams Technologies. The acquisition agreement will be effective September 1, 2004 subject to the completion of legal and regulatory requirements.


877-777-0737    •     Fax 419-931-0740     •     118 E. Third Street, Suite A   Perrysburg, OH 43551
© Copyright AR Publishing Co. All rights reserved. Any reproduction of content requires written permission.