Caterpillar (CAT) and Navistar (NAVZ) To Pursue Strategic Alliance
Caterpillar Inc. (NYSE: CAT ) and Navistar International Corporation (OTC: NAVZ) have signed a Memorandum of Understanding to pursue global on-highway truck business opportunities and cooperate on a variety of engine platforms.
The two companies intend to focus on global truck opportunities, including North American severe service construction trucks, as well as technology development for engines worldwide.
The two companies intend to focus on global truck opportunities, including North American severe service construction trucks, as well as technology development for engines worldwide.
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