India, Caterpillar finds ally in Robotics
Wednesday, November 14, 2007
Global earth-moving equipment and engines major Caterpillar has set up an India sales office to offer its original equipment manufacturer solutions.
The $36 billion American giant has identified Automotive Robotics, which specialises in vehicle engineering, systems and software, as a facilitator between OEM Solutions and original equipment manufacturers in India.
Rajeev Ranadive, director, Automotive Robotics, said Caterpillar was interested in the huge investments planned in the Indian infrastructure sector.
Automotive Robotics has been working with Caterpillar for the last few years and also has an engineering centre in US, close to Caterpillar facilities. It has manufacturing facilities in Hyderabad and a markleting office in Pune.
A statement from Caterpillar said the purpose would be to introduce Cat product and system solutions and bring new OEM customers together with Cat OEM Solutions.
While Caterpillar has two dealers in India to provide product support coverage to end users, Automotive Robotics will be supported by the OEM Solutions sales team based in Singapore and Beijing...
Full story: Business-Standard.com
The $36 billion American giant has identified Automotive Robotics, which specialises in vehicle engineering, systems and software, as a facilitator between OEM Solutions and original equipment manufacturers in India.
Rajeev Ranadive, director, Automotive Robotics, said Caterpillar was interested in the huge investments planned in the Indian infrastructure sector.
“The Indian heavy machinery sector is abuzz with activity as players are expanding their product range to address the opportunity in the infrastructure sector,”Ranadive said.
Automotive Robotics has been working with Caterpillar for the last few years and also has an engineering centre in US, close to Caterpillar facilities. It has manufacturing facilities in Hyderabad and a markleting office in Pune.
A statement from Caterpillar said the purpose would be to introduce Cat product and system solutions and bring new OEM customers together with Cat OEM Solutions.
“Traditional OEM solutions product offerings like complete power trains, partial machines, electronic and hydraulic systems and undercarriage are not well known in India. Automotive Robotics will provide the means to allow OEM solutions and Indian OEM’s to transact business with each other,”the statement said.
“Our role will be that of an equipment integrator,”he added. Manufacturers of off-highway vehicles, mining equipment, tugs, platforms for mobile generators, bottom dump trucks, earth moving equipment will be among the major customers of Cat products, Ranadive said.
While Caterpillar has two dealers in India to provide product support coverage to end users, Automotive Robotics will be supported by the OEM Solutions sales team based in Singapore and Beijing...
Full story: Business-Standard.com
posted by blogger, 2:16 PM
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CAT Equipment A Buy or Sell?
With the primary purpose of selling products dedicated to mining or digging, Caterpillar (CAT) might not be too favorable to investors with the decrease in price of commodities. However, such a situation may not be that unfavorable to this company.
With a recession looming illustrated by corporations stopping some of their production to accommodate the eventual decreasing demand as represented by the waning job offerings, commodity prices will reflect such a change by having significant decreases in terms of price. When prices of commodities such as zinc, copper, nickel, or aluminum go down, there becomes a serious issue of the simple theory of supply and demand. The reason for this drop should be attributed to the availability of products remaining in the market centered on that commodity. When you are given times when unemployment seems to have reached its lowest point and layoffs are inevitable coupled with the fact that demand side inflation has pressured prices to extreme levels resulting in unfavorable desires to purchase such products, trouble seems to bloom. It’s true that decreases in the price of oil may negate some of this negative consumerism, but once oil prices are restored back to its original prices due to inventory cuts or a cold winter season, there should be a tremendous effect upon production, prices, and eventually earning reports for commodity based companies.
How does such a theory relate to Caterpillar? Simply put, corporations like Caterpillar, since their nature is cyclical, and inventory restrictions may deprive them of future sales, should have shares fall during times of recession or when commodity prices decrease. However, when analyzing this company relative to technical factors, during recent recession points, Caterpillar has not faired that terribly. Since the early 1990's, shares of Caterpillar have steady increased about 700%. During times of strong economic growth and prosperity, Caterpillar shares tend to skyrocket with accommodating high commodity prices. However, during times of recession, shares tend not to fall too dramatically but move in a sideways pattern which represents the resiliency of such a strong Dow component. Such assurance should be expected for a corporation notable for posting excellent fundamentals. Revenue has been growing each year creating wonderful margins. Profit along with assets compared to liabilities have also been a positive for this company which again reiterates the tenacious ability for shareholders to rest assured without worrying about garnering capital losses.
Thus, while the economic situation may look unfavorable in relation to the purchase of Caterpillar shares, with a strong technical background, and excellent fundamentals, Caterpillar may not be a strong buy for short term speculators but is absolutely a strong long term buy for more patient investors. The one thing I would recommend however is to purchase shares if possible below 70 points to achieve the most of your capital gains when this stock reaches a new high in three to four years.
Dennis Biray presents advice on all kinds of topics ranging from finance and investing to fitness to sports. For more information email him at dbiray@gmail.com, or to view other articles written by him visit www.biraynetworks.co.nr
With a recession looming illustrated by corporations stopping some of their production to accommodate the eventual decreasing demand as represented by the waning job offerings, commodity prices will reflect such a change by having significant decreases in terms of price. When prices of commodities such as zinc, copper, nickel, or aluminum go down, there becomes a serious issue of the simple theory of supply and demand. The reason for this drop should be attributed to the availability of products remaining in the market centered on that commodity. When you are given times when unemployment seems to have reached its lowest point and layoffs are inevitable coupled with the fact that demand side inflation has pressured prices to extreme levels resulting in unfavorable desires to purchase such products, trouble seems to bloom. It’s true that decreases in the price of oil may negate some of this negative consumerism, but once oil prices are restored back to its original prices due to inventory cuts or a cold winter season, there should be a tremendous effect upon production, prices, and eventually earning reports for commodity based companies.
How does such a theory relate to Caterpillar? Simply put, corporations like Caterpillar, since their nature is cyclical, and inventory restrictions may deprive them of future sales, should have shares fall during times of recession or when commodity prices decrease. However, when analyzing this company relative to technical factors, during recent recession points, Caterpillar has not faired that terribly. Since the early 1990's, shares of Caterpillar have steady increased about 700%. During times of strong economic growth and prosperity, Caterpillar shares tend to skyrocket with accommodating high commodity prices. However, during times of recession, shares tend not to fall too dramatically but move in a sideways pattern which represents the resiliency of such a strong Dow component. Such assurance should be expected for a corporation notable for posting excellent fundamentals. Revenue has been growing each year creating wonderful margins. Profit along with assets compared to liabilities have also been a positive for this company which again reiterates the tenacious ability for shareholders to rest assured without worrying about garnering capital losses.
Thus, while the economic situation may look unfavorable in relation to the purchase of Caterpillar shares, with a strong technical background, and excellent fundamentals, Caterpillar may not be a strong buy for short term speculators but is absolutely a strong long term buy for more patient investors. The one thing I would recommend however is to purchase shares if possible below 70 points to achieve the most of your capital gains when this stock reaches a new high in three to four years.
Dennis Biray presents advice on all kinds of topics ranging from finance and investing to fitness to sports. For more information email him at dbiray@gmail.com, or to view other articles written by him visit www.biraynetworks.co.nr
Article Source: EzineArticles.com expert - Dennis Biray
posted by blogger, 2:03 PM
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