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Caterpillar announces updated strategy

Caterpillar Inc. (NYSE: CAT) executives are unveiling the company's updated Vision 2020 strategy to employees, dealers, suppliers and shareholders, setting the stage for the next phase of the company's leadership and growth in the global industries it serves.

For the last five months, Vice Chairman and CEO–Elect Doug Oberhelman has led a team in updating the company's Vision 2020 strategy, which was first introduced by Chairman and CEO Jim Owens in 2005.

The company's updated strategy is focused on the execution of Caterpillar's proven business model. The company will provide more details about the strategy for investors at its analyst meeting in New York on August 19.



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