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Wacker Neuson, Cat sign mini excavator alliance

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Wacker Neuson SE, Munich, Germany and Caterpillar Inc, Peoria, USA, have signed an agreement regarding the design, manufacture, distribution and support of Caterpillar mini excavators up to 3t.

  

The aim is that the two parties form a 20 year strategic alliance for Wacker Neuson to make Cat mini excavators from mid 2011,with an operating weight up to 3t, designed to Cat’s specifications.
In the under 3t category, Caterpillar currently offers three models. The new model range will consist of up to seven machines, starting with an operating weight of 0.8t, produced to Cat’s technical and brand 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. The additional volume in the first year of full production in 2012, will more than double the existing production volume of comparable mini excavators, on Wacker Neuson’s production lines.
“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 Cat’s vice president with responsibility for building construction products, Mary Bell. “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, as they have become familiar with Wacker Neuson’s light equipment products, available at Cat Rental stores,” Bell added.
By concentrating production of selected products in Linz, Austria, the two companies will leverage joint economies of scale in the manufacturing and development process, while supplying their respective, complementary sales channels with differentiated, competitive machines.
Wacker Neuson CEO Dr.-Ing. Georg Sick said, “We are delighted at the prospect of what promises to be a long term strategic partnership. It probably will accelerate our investment in a new and highly efficient mini excavator production plant in Hrsching near Linz.”
Wacker Neuson SE is a global manufacturer of light and compact equipment with more than 30 affiliates and more than 180 sales and service stations across the globe.
 


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