Caterpillar will raise prices in January

Author:
Updated:
Original:

Caterpillar will increase prices on its products by as much as 2 percent worldwide, effective in January, the company said in a report to the Securities and Exchange Commission.

"Consistent with our prior announcement, our first emissions-related price increases of 2 to 6 percent will also apply in January for applicable products and regions," the company added. "This price change is a result of current industry factors, as well as general economic conditions."

Details by product will be released to dealers in the near future and will vary across geographic regions and products, the company said.

Related

ABYC to Publish Largest-Ever Standards Manual

The nonprofit is offering pre-orders until June 18 of its updated standards manual, with a publication date of July 31.

Furuno, Simrad Add SiriusXM Fish Mapping Suite

The subscription-based service offers offshore anglers a suite of technology with which to locate and catch more fish.

Mercury Racing Awards Scholarships

The engine manufacturer looks to grow the next generation of skilled workers with its annual scholarship program.

Vision Marine, Hellkats to Attempt E-Boat Speed Record

A Hellkats 32-foot Widebody equipped with Vision Marine’s E-Motion powertrain will try to be the fastest electric boat in its category.

Grand Banks Operations Remain Halted

The announcement follows the Malay government order extending movement restrictions to curb the spread of Covid-19.

OneWater Marine to Acquire N.J.'s Stone Harbor Marina

The acquisition further expands OneWater’s reach in the Northeast.