President Bush Visits Caterpillar Facility

Monday, February 05, 2007
Caterpillar Inc. hosted President George W. Bush at the company's manufacturing facility in East Peoria, Illinois, where the President commended Caterpillar for successfully demonstrating that U.S. companies can successfully compete on the world stage.

"The U.S. and global economy have benefited from the President's pro-growth tax and free trade policies, which have stimulated strong economic growth," said Caterpillar Chairman and CEO Jim Owens while introducing the President. "I thank Team Caterpillar for representing the competitive American spirit and positioning our company to take advantage of the opportunity created."

During his visit, the President highlighted free trade agreements put in place during his administration, which have benefited companies like Cat. The machines and products made in East Peoria and at Caterpillar facilities across the U.S. are shipped throughout the world. Caterpillar exported more than $10 billion in products from the U.S. in 2006, a record for the company. Bush also recognized worker training programs, safe workplaces and competitive health care benefits that make up the culture of excellence and accomplishment at Caterpillar.

"Today's presidential visit was a once-in-a-lifetime opportunity for our employees," said Bob Williams, the Caterpillar vice president who leads the company's U.S. Operations Division with responsibility for three of the company's largest manufacturing operations, which are located in Illinois. "Many of our employees got to meet the President, and he in turn praised them for their hard work building Caterpillar's signature product: the track-type tractor. These machines are the workhorse of the world's greatest construction projects. They are a strong export product for our company and represent American manufacturing at its best."

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter May 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

New Leadership at Alphatron Marine

Alphatron Marine announced that Arno Metzemakers will join the company's management team as General Manager responsible for all operational matters worldwide, effective June 1.

Damen's Oranjewerf Yard ISO 9001:2008 Certified

Damen Shiprepair Oranjewerf (DSO) has become the latest Damen ship repair yard to receive ISO 9001:2008 certification, demonstrating that the yard fulfils the requirements

The MN 100: Apply Now

The August 2016 edition of MarineNews, the leading voice in the North American workboat market, will feature 100 leaders and innovators, including workboat owners and operators,

Finance

Lower Large Dry Bulk Rates drag Baltic Index

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell on Thursday dragged down by lower demand for larger vessel segments.

EGAS: Egypt to tender for 10 LNG Cargoes

Egypt will tender next week to import 10 cargoes of liquefied natural gas (LNG) for delivery in July and August, an official from the state gas company, EGAS, said on Thursday.

Asia Dry Bulk-Capesize Rates Could Climb

More coal cargoes, rising oil prices could support rates. Freight rates for large capesize dry cargo ships on key Asian routes are likely to rise next week on

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Naval Architecture Offshore Oil Pod Propulsion Port Authority Ship Electronics Ship Repair Ship Simulators
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1066 sec (9 req/sec)