This aquisition will strengthen CAT’s position in this part of the industry. In the deal CAT will also receive 2 manufacturing facilities, sales office, service office, and a PDC.

Since 2003, Caterpillar and Blount have had an agreement to jointly produce and market products globally under the Caterpillar and former Timberking brands.

More can be found at CAT

Tags: CAT, Forestry, Hydro-AX, Prentice