Caterpillar has lots of joint ventures.
- Caterpillar Mitsubishi ran for 45 years before CAT became the sole owner
- Caterpillar and Trimble JV has been running for 17 years with multiple expansions
- Caterpillar and Guangxi Yuchai (51% owner) formed in 2009
- Caterpillar and Shanghai Diesel Engine Co in 1994
- Caterpillar and Eaton Corp in 2003
- Caterpillar and Donaldson Co 1986
- Caterpillar and Shanxi Fast Gear (51% owner) in 2011
- Caterpillar and AVIC Liyuan Hydraulics Co in 2010
- Caterpillar and Navistar in 2009
There are craploads more, although I got bored after hitting the 3rd page of Google.
As far as their website goes... this statement is probably more interesting...
"Caterpillar Ventures makes strategic, minority interest investments in early–round ventures with investments of $0.5 million to $5.0 million to help founders around the world grow and scale their businesses."
FBR Price at posting:
17.5¢ Sentiment: Buy Disclosure: Held
