Word: caterpillar
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Dates: during 2000-2009
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...NAFTA's market access is accelerating this corporation's global evolution. More than half its roughly $1 billion in sales last year went to the U.S., Canada, Japan and Australia, and 84% was auto parts. That will expand when a $136 million engine factory, a joint venture with Caterpillar, opens next year. Saltillo's building-products division, on the other hand, is 90% dependent on the domestic market. Within five years, this proportion is projected to be evenly split between domestic and foreign sales, a feat that may not prove feasible for other business units, which would then be more...
Anthony Salzman remembers the last time Vietnam was tipped to be Asia's next tiger economy. The former antiwar protester turned business consultant was representing Caterpillar in Vietnam when the country opened up to foreign investment in the early 1990s. Back then, Hanoi's streets were filled mostly with bicycles and all fax machines had to be registered with the police, but that didn't stop international executives from packing the bar of the only foreign-run hotel in Hanoi, the Metropole, to plot their future fortunes. "In that one bar on any given night," recalls Salzman, "there were people...
Increasingly, mine operators are trying to extend tire life by smoothing mine roads, reducing payloads and lowering speeds. If the shortage has had a positive effect, it's the reduction in tire-related accidents, says Chris Curfman, vice president of Caterpillar Global Mining, which ships just 5% of its trucks with tires. The rest are "naked," requiring customers to acquire tires from distributors...
...Still, the Israeli military activity was manifest in the numerous tank tracks that criss-cross the border road and run through fields of bright green tobacco plants. The border road, a potholed single-lane route even in normal times, is pockmarked from exploding artillery rounds, the asphalt churned by caterpillar tracks...
...birds in West Africa don't know that; they still leave more or less at the usual time. And while the early spring they encounter in the north has induced them to move up egg laying a bit, they're still producing offspring nearly a week behind prime caterpillar season. Inadequate nourishment means dying birds and falling populations. "We think this is the first time anyone has really shown that an insufficient response to climate change can cause population declines," says study co-author Christiaan Both of the Netherlands Institute of Ecology...