DRIVE to DELIVER N Shareholders to 2012 Report Annual AV Deliver

Total Page:16

File Type:pdf, Size:1020Kb

DRIVE to DELIVER N Shareholders to 2012 Report Annual AV Deliver 2012 Annual Report Navistar International Corporation 2701 Navistar Drive Lisle, IL 60532 USA DRIVE TO DELIVER N Annual Report2012 to Shareholders AV Deliver The International® DuraStar® deals with challenges ranging from repairing downed power lines to racing to a fire. To our shareholders, employees and customers: There is no question that Navistar is an Today, I see a company that operates American icon – a company that has according to six guiding principles: quality; historically endured through many market urgency; reduced cost; leading-edge products; cycles and many changes in the business. customer satisfaction; and realizing the While this year presented major challenges, potential of our people. I also see a team that we have embarked on a concerted turnaround is aligned around three priorities for 2013: process with strong assets, including great making a major improvement in product products, a motivated workforce and a best- quality; hitting every one of our critical truck in-class network of dealers who are continuing and engine launch dates; and delivering on our to expand their businesses. The company is operating plan while maximizing manufacturing acting with new urgency, tackling each issue cash flow. quickly and accelerating the process of driving Improving quality Navistar supports its Navistar forward. customers with many great products, including Although much remains to be done to our flagship International ProStar+; but we return us to profitability and enable our need to continue to establish quality as the long-term success, the team has rapidly foundation for our company culture, making focused on removing the uncertainties in major improvements in product quality. At our path. Even before my arrival, Troy Clarke times we may face difficult choices, but we and other members of our senior leadership are committed to being the best at satisfying team were implementing actions to take our customers. This means fewer repair risks off the table. incidents and faster repair times to keep their ® We have quickly pivoted to the right engine International trucks on the road. It also means strategy. We have reduced or eliminated many continuously improving the processes by which uncertainties regarding our regulatory status we design, engineer and build our products, and cost structure. We have begun to take as we intend to become known as the quality steps to improve our manufacturing footprint. leader in our industry. And we have increased our emphasis on our Hitting our launches The entire core North American truck, engine and parts organization is committed to hitting every business for the foreseeable future. one of our truck launch dates. Our integrated execution team has worked around the clock to deliver the initial pilot build of the ProStar+ with the Cummins ISX 15-liter engine. Lewis B. Campbell Chairman and CEO Six Sigma Green Belt (right) Troy A. Clarke President and COO (left) Shown on the cover: International® ProStar+® Recognized as the leading Class 8 truck in the industry, its full potential is being unleashed with Cummins’ SCR aftertreatment. 2012 ANNUAL REPORT NAVISTAR | 1 RRD5558.indd 1 1/4/13 10:31 AM DRIVE TO DELIVER Improving Quality with a Sense of Urgency On November 12, the first vehicle rolled off leading position. We are using return on the line at our facility in Escobedo, Nuevo invested capital (ROIC) as a metric to help us Leon, Mexico, three days ahead of schedule. understand the steps needed for improvement On December 14, we made our first customer in each of our businesses. shipments, five days ahead of schedule. Today, Our goal is for the business as a whole to we are in full production. In March 2013, we achieve an ROIC greater than our weighted will enter pilot production of the International average cost of capital. Using this metric, ® ProStar+ with our own MaxxForce 13-liter we have already identified more than seven engine and the Cummins Emission Solutions businesses or programs, representing only SCR-based aftertreatment system. Full $260 million of revenue, that would generate production is on track to begin in April 2013. at least $52 million of EBIT improvement if In addition to meeting these launch dates, sold or discontinued. Actions we have already we are committed to meeting firm internal taken include shelving our MaxxForce 15-liter milestones for timing and quality. We have engine and initiating the sale of our interests in also engaged three customer fleets, who our India joint ventures. are providing us with real-time quality data Meanwhile, we are resolutely focused on to ensure that our new engines exceed reducing our overall cost structure in order to the quality of those being replaced. The lower our break-even cost. Before I came on bottom line: we are absolutely committed to board, the company had established an annual meeting or beating our launch dates, with cost reduction goal of $150 million to $175 unprecedented levels of quality. million; we now have a clear line of sight to “Drive to Deliver” on our 2013 plan exceed this range. We have taken actions to The final priority is delivering on our 2013 plan, achieving a significant year-over-year improvement in financial performance, while beginning to restore our core North American truck, engine and parts business to a market- From work zone to war zone, the International® WorkStar® is built to handle the most rugged jobs. 2 | NAVISTAR 2012 ANNUAL REPORT RRD5558.indd 2 1/4/13 10:31 AM Our long-term vision is to be regarded as the leader in quality, fuel economy, uptime and cost of ownership. improve working capital; completed a this year: Eugenio Clariond, Diane Gulyas, voluntary separation program and a reduction David Harrison and Steven Klinger. in force; and initiated actions to adjust our We appreciate their service, and wish them manufacturing footprint, including the closure well in their future endeavors. of our assembly plant in Texas. We have also In summary, the right strategy is in place to become a much more cash-focused company. turn this company around in the next 12 to During the fourth quarter, we concluded a 18 months. Our longer-term vision is for successful $200 million equity offer; and we Navistar to be regarded as a leader on the ended the fiscal year with more than $1.5 issues that matter most to our customers billion in cash and marketable securities, – quality, fuel economy, uptime and cost of exceeding the top end of our guidance by ownership. We are committed to building more than 50 percent. We have also aligned a stronger, more profitable core business, our workforce to achieve our goals through complemented by strategic growth a new bonus plan, tied directly to our quality opportunities in key global markets. launch metrics and our targets for cash, overhead and EBITDA. Our new senior leadership team is clearly focused on the functional excellence that is We have also been closely engaged with required for us to achieve that vision. We are our board, on whose behalf I would like to acting with urgency to remove the remaining welcome new directors Vincent Intrieri, Sam obstacles in our path, while being transparent Merksamer, Jack Pope and Mark Rachesky. to all stakeholders. And we are committed to Our work is cut out for us, but our directors driving continuous improvement in creating are ready for the challenge, and they will be shareholder value in 2013 and beyond. constructive critics and valuable counselors as we continue to work toward our return to profitability. I would also like to extend our thanks to the directors who have left the board Lewis B. Campbell Chairman and CEO | Six Sigma Green Belt Financial Summary (in millions, except per share data) 2012 2011 2010 Sales and revenues, net $ 12,948 $ 13,958 $ 12,145 Segment Results: Truck $ (320) $ 336 $ 424 Engine (562) 84 51 Parts 240 287 266 Financial Services 91 129 95 Income (loss) before income taxes $ (1,182) $ 320 $ 290 Net income (loss) attributable to Navistar International Corporation (3,010) 1,723 223 Diluted earnings (loss) per share attributable to Navistar International Corporation (43.56) 22.64 3.05 2012 ANNUAL REPORT NAVISTAR | 3 DRIVE TO DELIVER Delivering Great Products…and Building Customer Satisfaction Great products are part of Navistar’s DNA, and Their common goal is to ensure that our trucks we are committed to continuing to deliver industry- are developed, tested and delivered to customers leading products and service. according to plan. Today’s first product priority is incorporating “The team is using common and best practice industry-leading SCR emissions control systems methods to assure we hit our delivery and quality from Cummins Inc. The first product out of the gate milestones,” Smith said. “Our Integrated Master is the International ProStar+, recognized by most as Schedule details the critical path elements, so that the leading Class 8 truck in the industry. Once we the team and leadership can focus on the most add Cummins’ SCR aftertreatment, it will be an even imperative elements of the plan.” better truck – unleashing the product’s full potential. Perhaps the most significant early milestone Driving that launch is our cross-functional product was the launch of the first ProStar+ with the development team, led by Tom Smith, director ISX 15-liter engine. Moving in parallel to the ISX of Global Chassis Systems. The group brings 15-liter program is the addition of Cummins’ SCR together our internal engineering team, engineers technology to the MaxxForce® 13-liter engine, from Cummins and other supplier partners, and which also powers the ProStar+. That team specialists from quality, purchasing, engineering, is committed to launch in April 2013, with manufacturing and other functions.
Recommended publications
  • Appendix a CATERPILLAR INC. GENERAL and FINANCIAL
    Appendix A CATERPILLAR INC. GENERAL AND FINANCIAL INFORMATION 2012 A-1 TABLE OF CONTENTS Page Management’s Report on Internal Control Over Financial Reporting ................................ A-3 Report of Independent Registered Public Accounting Firm .......................................... A-4 Consolidated Financial Statements and Notes ......................................................... A-5 Five-year Financial Summary............................................................................. A-62 Management’s Discussion and Analysis of Financial Condition and Results of Operations (MD&A) Overview .............................................................................................. A-63 2012 Compared with 2011 .......................................................................... A-63 Fourth Quarter 2012 Compared with Fourth Quarter 2011 ...................................... A-68 2011 Compared with 2010 .......................................................................... A-73 Acquisitions and Divestitures ....................................................................... A-77 Glossary of Terms .................................................................................... A-81 Liquidity and Capital Resources .................................................................... A-83 Critical Accounting Policies ......................................................................... A-85 Global Workforce ..................................................................................... A-88
    [Show full text]
  • Navistar International Corp. Fundamental Company Report
    +44 20 8123 2220 [email protected] Navistar International Corp. Fundamental Company Report Including Financial, SWOT, Competitors and Industry Analysis https://marketpublishers.com/r/N5A52F82B93BEN.html Date: September 2021 Pages: 50 Price: US$ 499.00 (Single User License) ID: N5A52F82B93BEN Abstracts Navistar International Corp. Fundamental Company Report provides a complete overview of the company’s affairs. All available data is presented in a comprehensive and easily accessed format. The report includes financial and SWOT information, industry analysis, opinions, estimates, plus annual and quarterly forecasts made by stock market experts. The report also enables direct comparison to be made between Navistar International Corp. and its competitors. This provides our Clients with a clear understanding of Navistar International Corp. position in the Heavy Machinery Industry. The report contains detailed information about Navistar International Corp. that gives an unrivalled in-depth knowledge about internal business-environment of the company: data about the owners, senior executives, locations, subsidiaries, markets, products, and company history. Another part of the report is a SWOT-analysis carried out for Navistar International Corp.. It involves specifying the objective of the company's business and identifies the different factors that are favorable and unfavorable to achieving that objective. SWOT-analysis helps to understand company’s strengths, weaknesses, opportunities, and possible threats against it. The Navistar International Corp. financial analysis covers the income statement and ratio trend-charts with balance sheets and cash flows presented on an annual and quarterly basis. The report outlines the main financial ratios pertaining to profitability, margin analysis, asset turnover, credit ratios, and Navistar International Corp.
    [Show full text]
  • Todays Tr Masters.Qxd
    TRANSMISSIONS : est-il temps d’automatiser? – Page 30 Le magazine d’affaires de l’industrie québécoise du camionnage Enregistrement 10787 No. e Notre-Dame Ouest, Montréal (QC) H4C 1V4 Ouest, e Notre-Dame PLEIN GAZ! LE GROUPE ROBERT INAUGURE SES INSTALLATIONS DE RAVITAILLEMENT EN GNL Page 10 Novembre 2011 www.transportroutier.ca PLUS: ◗ Préparer ses véhicules et ses chauffeurs pour l’hiver Page 23 ◗ Un «cinq étoiles» sur dix roues Page 36 Enregistrement des postes canadiennes pour ventes de produits no41590538. Port de retour garanti. Newcom Média Québec, 6450, ru 6450, Média Québec, Newcom garanti. Port de retour no41590538. de produits canadiennes des postes pour ventes Enregistrement Faites le plein avec le bleu pour bien moins LE GAZ NATUREL POUR VÉHICULES LOURDS : LA SOLUTION ÉCONOMIQUE ET ÉCOLOGIQUE POUR FAIRE ROULER VOS AFFAIRES Économisez de 20 % à 40 %* sur vos coûts de carburant et réduisez les émissions de gaz à effet de serre de 20 % à 25 % en passant au gaz naturel pour véhicules lourds – une solution novatrice pour faire face aux nouveaux défi s du transport. Pas surprenant que de gros joueurs comme Transport Robert et EBI-Environnement l’aient adoptée ! À titre de chef de fi le du gaz naturel pour véhicules lourds au Canada, nous vous offrons un service clés en main qui couvre chaque étape du processus : Évaluation technique du potentiel de migration vers le gaz naturel de votre fl otte de véhicules; Analyse technico-économique et scénario de rentabilité complet; Gestion de projet et construction des stations d’approvisionnement; Livraison et ravitaillement en gaz naturel pour véhicules; Opération et entretien des postes de ravitaillement; Service de dépannage 24 heures aux stations d’approvisionnement.
    [Show full text]
  • Caterpillar Inc. 4Q 2011 Earnings Release
    January 26, 2012 Caterpillar Inc. 4Q 2011 Earnings Release FOR IMMEDIATE RELEASE Caterpillar Reports Record Sales and Profit for the Fourth Quarter and Full-Year 2011; 2011 Profit up 83 Percent from 2010 Momentum Carries into 2012 with Sales and Revenues Outlook Raised to $68 to $72 Billion PEORIA, Ill.— Driven by outstanding execution and stronger global demand, Caterpillar Inc. (NYSE: CAT) delivered record-breaking 2011 sales and revenues of $60.138 billion, an increase of 41 percent from $42.588 billion in 2010. Profit in 2011 was $4.928 billion, an increase of 83 percent from $2.700 billion in 2010. Profit per share of $7.40 was up 78 percent from $4.15 in 2010. Excluding the impact of the acquisition of Bucyrus International, Inc. (Bucyrus), 2011 profit was $7.79 per share, up 88 percent from a year ago. Fourth-quarter sales and revenues in 2011 were an all-time quarterly record at $17.243 billion, an increase of 35 percent compared with $12.807 billion in the fourth quarter of 2010. Fourth-quarter profit was $1.547 billion compared with $968 million in the fourth quarter of 2010. Profit of $2.32 per share was 58 percent higher than the $1.47 per share in the fourth quarter of 2010. “Our strategy is squarely focused on customers, and in 2011 our employees, suppliers and dealers delivered. We improved product quality, invested significantly in manufacturing capacity and product development, and improved our market position. We completed two large acquisitions—Bucyrus and Motoren- Werke Mannheim Holding GmbH (MWM)—in important growth industries that are a great strategic fit and provide our customers an even broader range of products,” said Caterpillar Chairman and Chief Executive Officer Doug Oberhelman.
    [Show full text]
  • NC2, JAC Sign Framework Agreement to Pursue China Joint Venture
    NC2, JAC Sign Framework Agreement to Pursue China Joint Venture Venture Would Manufacture Trucks and Truck Parts for China WARRENVILLE, Ill., Sep 28, 2009 (BUSINESS WIRE) -- NC2 Global LLC and Anhui Jianghuai Automobile Co., Ltd. (600418: SHH) have signed a framework agreement to potentially establish a joint venture in China which would develop, manufacture and sell trucks and truck parts primarily in China and certain export markets. NC2 is the recently announced global commercial truck joint venture between Navistar International Corporation (NYSE: NAV) and Caterpillar Inc. (NYSE: CAT). Anhui Jianghuai Automobile Co., Ltd. (JAC) is a manufacturer of automobiles and trucks based in Anhui Province of the People's Republic of China (PRC). The proposed 50/50 joint venture would take advantage of the financial strength, technology know-how and global distribution network provided by NC2 and the existing medium duty and heavy-duty truck business of JAC, including its existing manufacturing facilities in PRC. "If we are able to reach a definitive agreement, this proposed joint venture would directly support NC2's strategy to produce and market a full line of commercial on-highway trucks for markets outside of North America," said Al Saltiel, president of NC2. "The opportunity to leverage existing JAC manufacturing facilities and business relationships has the potential to accelerate NC2's global business plans. We look forward to working with JAC to quickly bring exciting new products to market." There is also consideration that the joint venture would establish its own research and development center in PRC, utilizing a portion of JAC's existing R&D facilities.
    [Show full text]
  • Truck Market 2024 Sustainable Growth in Global Markets Editorial Welcome to the Deloitte 2014 Truck Study
    Truck Market 2024 Sustainable Growth in Global Markets Editorial Welcome to the Deloitte 2014 Truck Study Dear Reader, Welcome to the Deloitte 2014 Truck Study. 1 Growth is back on the agenda. While the industry environment remains challenging, the key question is how premium commercial vehicle OEMs can grow profitably and sustainably in a 2 global setting. 3 This year we present a truly international outlook, prepared by the Deloitte Global Commercial 4 Vehicle Team. After speaking with a selection of European OEM senior executives from around the world, we prepared this innovative study. It combines industry and Deloitte expert 5 insight with a wide array of data. Our experts draw on first-hand knowledge of both country 6 Christopher Nürk Michael A. Maier and industry-specific challenges. We hope you will find this report useful in developing your future business strategy. To the 7 many executives who took the time to respond to our survey, thank you for your time and valuable input. We look forward to continuing this important strategic conversation with you. Using this report In each chapter you will find: • A summary of the key messages and insights of the chapter and an overview of the survey responses regarding each topic Christopher Nürk Michael A. Maier • Detailed materials supporting our findings Partner Automotive Director Strategy & Operations and explaining the impacts for the OEMs © 2014 Deloitte Consulting GmbH Table of Contents The global truck market outlook is optimistic Yet, slow growth in key markets will increase competition while growth is shifting 1. Executive Summary to new geographies 2.
    [Show full text]
  • Adressverzeichnis
    ADRESSVERZEICHNIS ANHÄNGER & AUFBAUTEN . .Seite 11–13 BUSSE. .Seite 13–16 LKW und TRANSPORTER . .Seite 16–19 SPEZIALFAHRZEUGE . .Seite 19–22 ANHÄNGER & Aebi Schmidt ALF Fahrzeugbau Andreoli Rimorchi S.r.l. Deutschland GmbH GmbH & Co.KG Via dell‘industria 17 AUFBAUTEN Albtalstraße 36 Gewerbehof 12 37060, Buttapietra (Verona) 79837 St. Blasien 59368 Werne ITALIEN Acerbi Veicoli Industriali S.p.A. Tel. +49.7672-412-0 Tel. +49.2389 98 48-0 Tel. +39 045 666 02 44 Strada per Pontecurone, 7 www.aebi-schmidt.com www.alf-fahrzeugbau.de www.andreoli-ribaltabili.it 15053 Castelnuovo Scrivia (AL) ITALIEN Agados spol. s.r.o. ALHU Fahrzeugtechnik GmbH Andres www.acerbi.it Rumyslová 2081 Borstelweg 22 Hermann Andres AG 59401 Velké Mezirici 25436 Tornesch Industriering 42 Achleitner Fahrzeugbau TSCHECHIEN Tel. +49.4122 - 90 67 00 3250 Lyss Innsbrucker Straße 94 Tel. +420 566 653 311 www.alhu.de SCHWEIZ 6300 Wörgl www.agados.cz Tel. +41 32 387 31 61 Asch- ÖSTERREICH AL-KO www.andres-lyss.ch wege & Tönjes Aucar- Tel. +43 5332-7811-0 Agados Anhänger Handels Alois Kober GmbH Zur Schlagge 17 Trailer SL www.achleitner.com GmbH Ichenhauser Str. 14 Annaburger Nutzfahrzeuge 49681 Garrel Pintor Pau Roig 41 2-3 Schwedter Str. 20a 89359 Kötz GmbH Tel. +49.4474-8900-0 08330 Premià de mar, Barcelona Ackermann Aufbauten & 16287 Schöneberg Tel. +49.8221-97-449 Torgauer Straße 2 www.aschwege-toenjes.de SPANIEN Fahrzeugvertrieb GmbH Tel. +49.33335 42811 www.al-ko.de 06925 Annaburg Tel. +34 93 752 42 82 Am Wallersteig 4 www.agados.de Tel. +49.35385-709-0 ASM – Equipamentos www.aucartrailer.com 87700 Memmingen-Steinheim Altinordu Trailer www.annaburger.de de Transporte, S Tel.
    [Show full text]
  • To Download the October 2009 Truck
    pg 01 tn oct 9/11/09 4:27 PM Page 1 October 2009 Volume 29, Issue 10 Delivering daily news to Canada’s trucking industry at www.trucknews.com Laying it all By Lou Smyrlis GUELPH, Ont. – This summer’s most sizzling acquisition an- nouncement – the purchase of the on the line St. Thomas, Ont.- based Walker Group of companies by MacKin- Widow hopes one non Transport – is getting two thumbs up from industry analysts trucker’s tragedy who believe it to be the start of will serve as a further consolidation in Canada’s beleaguered truckload sector. warning to others The deal, announced at the end of August, creates a combined en- By Jim Bray tity that will operate out of MacK- WOODSTOCK, Ont. – On Hwy.21 innon’s head office in Guelph in southern Ontario, there’s a cross where the company will now man- that burns with a bright white light age over 1,300 pieces of equip- – a lighthouse-like symbol that ment and employ a workforce of guides drivers safely through dark- 420 people. ness, snowstorms and fog. The cross The Walker Group consisted of stands not only as a beacon, howev- LE Walker Transport and Mid er, but as a memorial to a driver America Freight Systems, both who practically gave his life to get major players in the dry van and his load – and himself – home to his flatbed marketplaces in North beloved wife. America. The story of Ron Foulis’ final The Walker Group was led by months on the job could serve as the highly visible Julie Tanguay, a cautionary tale for any driver current chair of the Ontario who ranges far from home.
    [Show full text]
  • Caterpillar Inc
    July 22, 2011 Caterpillar Inc. 2Q 2011 Earnings Release FOR IMMEDIATE RELEASE Caterpillar Second-Quarter Sales and Revenues up 37 Percent; 2011 Outlook Improves for Sales and Revenues and Profit Excluding Bucyrus-related Impacts Second-quarter Profit Per Share up 58 percent at $1.72 excluding Bucyrus-related impacts and up 39 percent at $1.52 including Bucyrus-related impacts PEORIA, Ill.— With continuing improvement in demand around the world, Caterpillar Inc. (NYSE: CAT) today reported second-quarter 2011 profit per share of $1.72 excluding $204 million of expense related to the acquisition of Bucyrus, a 58-percent improvement from $1.09 in the second quarter of 2010. Including the impact of Bucyrus, profit per share was $1.52, up 39 percent from the second quarter of 2010. Profit was $1.015 billion in the second quarter of 2011, an increase of 44 percent from $707 million in the second quarter of 2010. Sales and revenues of $14.230 billion were up 37 percent from $10.409 billion a year ago. “Customer demand around the world continues to improve, and our sales and revenues reached an all- time record in the second quarter. Our employees, dealers and suppliers should feel great about the way they’re responding to the increase in customer demand,” said Chairman and Chief Executive Officer Doug Oberhelman. “We’re currently focused on four big themes linked to our corporate strategy. The first is executing the Cat business model and improving value for our customers. We’re doing that in a number of ways—improving quality, executing the Caterpillar Production System and the development of new products and solutions—such as our new range of products for Tier 4 emissions.
    [Show full text]
  • Asian Automotive Newsletter
    ASIAN AUTOMOTIVE NEWSLETTER DECEMBER 2009, ISSUE 61 A Quarterly newsletter of developments in the auto and auto components markets As the global auto industry struggles, Business Development Asia LLC (“BDA”) C ONTENTS emerging Asia has remained the single is an investment banking firm which CHINA ............................. 1 significant growth region. China particularly specialises in executing cross-border HONG KONG ...................... 3 is beginning to develop into a powerful force transactions involving Asia, including I NDIA .............................. 3 in the international auto market. Chinese acquisitions, divestments, JVs and auto suppliers have traditionally been firmly restructurings. We have offices in all of JAPAN ............................. 4 focused on their home market, but this is the major Asian automotive markets, as K OREA ............................. 5 finally changing with a number turning up well as in Bahrain, London and New York. MALAYSIA ........................ 5 as bidders, sometimes successful ones, If you are interested to discuss any of the TAIWAN ........................... 6 for Western assets. Don’t expect this turn articles in this newsletter, please contact into a tidal wave, but do expect steady and me directly. significant growth as Chinese companies start to join Indian companies on the global Charles Maynard acquisition trail. Senior Managing Director, [email protected] China Auto Stock Indices for Selected Countries (12 months by 9Dec09) 350 Anhui Jianghuai Automobile (“JAC”), China a Chinese automaker, has signed an 300 agreement with NC2 Global (“NC2”), Korea a US-based truck manufacturer owned 250 by US-based Caterpillar and Navistar Japan International, to form a 50:50 JV to 200 manufacture trucks and truck parts in India China. The JV, expected to be formed by 150 US Q3 2010, will take advantage of NC2’s financial strength, technology and 100 global distribution network and JAC’s Euro medium and heavy-duty truck business, 50 including its manufacturing facilities in China.
    [Show full text]
  • Caterpillar Inc ( Cat )
    CATERPILLAR INC ( CAT ) 10−Q Quarterly report pursuant to sections 13 or 15(d) Filed on 11/4/2010 Filed Period 9/30/2010 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q [X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2010 OR [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 1-768 CATERPILLAR INC. (Exact name of registrant as specified in its charter) Delaware 37-0602744 (State or other jurisdiction of incorporation) (IRS Employer I.D. No.) 100 NE Adams Street, Peoria, Illinois 61629 (Address of principal executive offices) (Zip Code) Registrant’s telephone number, including area code: (309) 675-1000 Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ⌧ No Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).
    [Show full text]
  • INDECO AUSTRALIA Pty Ltd ABN 96 056 693 344 1 BURGESS STREET, ALTONA NORTH, VICTORIA 3025
    • 2011 ACE EXPO • SLOPE STABILITY REQUIREMENTS ISSUE 55 • WATER MANAGEMENT • REFINING THE MRSDA Feb/Mar 2011 RREVIEWINGEVIEWING EEARTHARTH 1 0 0 0 RRESOURCESESOURCES IINDUSTRYNDUSTRY 0 / 4 3 3 0 5 3 P P PP350334/00001 EEurekaureka CConcreteoncrete ((Holdings)Holdings) PPtyty LtdLtd Fast Trax FT2650 Fast Trax FT200 Fast Trax Crushing & Screening Train Multiply Your Capability FAST TRAX® MULTI STAGE SYSTEMS The fast TRAX® system is your one The ASTEC Family of Companies, source for the ultimate in productivity, Designs, Engineers, Manufactures and mobility, versatility and adaptability. Markets Equipment used to Build and Restore the Worlds Infrastructure. Every plant is designed to function in various multi-stage processing systems. For your total industrial design solution contact ASTEC today on Additionally, each plant is designed to function seamlessly with KPI-JCI stacking conveyors, multiplying your 07 3279 1422 capabilities in both mobile and stationary Tony Barton 0419 652 942 aggregate recycling applications. NSW & VIC Bill Walsh 0458 965 002 [email protected] www.astecaustralia.com.au CONSTRUCTION MATERIAL CONTENTS PROCESSORS ASSOCIATION P O Box 396 Kilmore VIC 3764 COMMENTS Ph: 1300 267 222 From the CMPA Secretariat, Pg 5 Ph: 03 5781 0655 Eureka Concrete (Holdings) Pty Ltd, Pg 7 Fax: 03 5782 2021 Email: [email protected] FEATURES Web: www.cmpavic.asn.au Slope Stability Workshop, Pg 10-11 A Review of Victoria’s Earth Resources Industry, Pg 12-13 SECRETARIAT 2011 ACE Expo Wrap Up, Pg 14-15 Public Offi cer: Bruce McClure Water Management In and Near Quarries, Pg 16-17 Honorary CEO: Ron Kerr General Manager: Bruce McClure Refi ning the Mineral Resources Act 1990, Pg 18-19 Development Manager: Adrian Town, Tel.
    [Show full text]