Caterpillar and Wacker Neuson of Munich, Germany have signed an alliance agreement for the design, manufacture, sale and support of Caterpillar mini hydraulic excavators in the under 3tonne category.
The alliance agreement calls for Wacker Neuson to leverage its manufacturing and product development capability to produce the Caterpillar mini hydraulic excavators at its production plant in Linz, Austria.
Caterpillar currently offers three models in this size range, and the machines will be produced to Cate
The alliance agreement calls for Wacker Neuson to leverage its manufacturing and product development capability to produce the Caterpillar mini hydraulic excavators at its production plant in Linz, Austria.
Caterpillar currently offers three models in this size range, and the machines will be produced to Caterpillar's specifications and will be distributed and supported via Caterpillar's global dealer network, with the exception of Japan.
All Caterpillar models will be clearly differentiated from comparable Wacker Neuson models in the same product range.
“We know many customers are looking for more options in this
size range, and this alliance will
give those customers expanded choices to help them grow their business,” said Mary Bell, Caterpillar vice president with responsibility for the Building Construction Products Division. “There is also an ideal cultural fit between Caterpillar and Wacker Neuson, as both companies have a strong focus on developing and supporting world class products. Over the years, Wacker Neuson has developed a strong reputation among our Caterpillar dealers, who have become familiar with Wacker Neuson's Light Equipment products, which are available at Cat Rental stores.”
Dr. Ing. Georg Sick, CEO of Wacker Neuson, said “We are delighted at the prospect of what promises to be a strategic partnership for both companies as we move forward.”
