Caterpillar is investing in recycling technology developer Nth Cycle as part of a push to boost the reuse of metals used to make batteries and construction equipment, according to Reuters report. The investment, announced on Monday, comes as part of a $44 million Series B round of financing in privately-held Nth Cycle, which is among…
Tag: Caterpillar
Caterpillar to acquire oil & gas division of Scottish firm Weir Group
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•Caterpillar has signed an agreement to acquire the Oil & Gas Division of the Weir Group, a Scotland-based global engineering business. Weir Oil & Gas produces a full line of pumps, flow iron, consumable parts, wellhead and pressure control products that are serviced via an extensive global network of service centers located near customer operations. …