Caterpillar discontinues track drills, halts room and pillar manufacturing

Caterpillar has announced that it intends to pursue strategic alternatives, including a possible divestiture, for its room and pillar products, which serve a segment of underground soft rock mining customers. The company will also discontinue production of track drills within its resource industries portfolio

Caterpillar discontinues track drills, halts room and pillar manufacturing Caterpillar discontinues track drills, halts room and pillar manufacturing Caterpillar discontinues track drills, halts room and pillar manufacturing Caterpillar discontinues track drills, halts room and pillar manufacturing Caterpillar discontinues track drills, halts room and pillar manufacturing

The room and pillar underground mining products under strategic review include continuous miners

The company stated that exploring strategic alternatives will allow it to focus on those products with the greatest growth potential.