Word: caterpillar
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...about half the manufacturer's suggested price. Says Robert Stevenson, K mart vice president: "There is no reason to pay unreasonable prices to the manufacturer's U.S. distributor when you can obtain exactly the same products at lower cost overseas." Importers have even invaded the market for heavy machinery. Caterpillar excavators imported from France sell in the U.S. for between $85,000 and $215,000, 15% less than an American-made model...
Along the way, Rolls-Royces have fallen into the hands of everyone from V.I. Lenin, who fitted his with caterpillar treads to brave the fierce Russian winters, to John Lennon, who chose a psychedelic yellow Phantom V. Lord Mountbatten bought a new one nearly every year. Indian maharajas ordered them gold-plated, Lawrence of Arabia covered his with armor. Field Marshal Montgomery's Rolls was the first private car to land with Allied forces on D day. Other owners have included Frank Sinatra, Barbra Streisand and the Michael Jackson clan, who are said to own eight among them. Queen Elizabeth...
Another heavy-equipment maker, Caterpillar Tractor, announced last week that it may move some of its production from plants in Illinois and Iowa to factories in Western Europe. The step could mean the loss of even more Midwestern jobs...
Most of the dead had been so badly burned that they could not be identified. Often nothing remained but charred bits and pieces. Rescue workers brought out the remnants in plastic bags. By Tuesday evening, 272 coffins were taken to the cemetery in the nearby barrio of Caracoles, where Caterpillar tractors dug two trenches about 200 ft. long and 10 ft. deep. The coffins were stacked in the mass grave, covered with lime and then buried. A crowd of 10,000 clutched flowers and murmured prayers...
...turn drives up the value of American currency, which makes imports enticingly cheap and creates bargains for Americans traveling abroad. But a rising dollar can be devastating to U.S. firms selling in foreign markets, since it pushes up the price of everything from General Electric jet engines to Caterpillar tractors. Since Reagan took office, the dollar has increased in value by 60% against the major world currencies. If the dollar remains high, says M.I.T. Economist Lester Thurow, "American industry will be run out of business, and the President will face enormous pressures for protection...