Since 2003, Caterpillar and Blount have had an agreement to jointly produce and market forestry equipment products globally under the Caterpillar and Timberking brands. Three years later, Caterpillar permitted Blount to replace the Timberking brand with Cat.
Judging by a recent corporate acquisition announcement by Caterpillar, the equipment manufacturing giant clearly appreciated the manufacturing service provided by Blount.
Caterpillar announced it will acquire two Blount forestry equipment manufacturing facilities, including an assembly operation in Sweden. These operations will join Caterpillar's global facilities that produce and support forestry equipment.
"Cat Forest Products now offers the broadest product line in the industry with a full range of products and services for logging, millyard, roadbuilding and land management," says John Carpenter, president of Caterpillar Forest Products. "In addition to better serving the needs of our traditional forestry customers, this acquisition will also enable Caterpillar to meet the increasing global demand for wood-based alternative fuels such as cellulosic ethanol."
For more than 50 years, Blount's forestry division has manufactured timber harvesting and processing equipment, loaders and attachments. The acquisition of the forestry operations by Caterpillar does not affect Portland, Ore.-based Blount's outdoor products group, nor its other industrial and power-equipment businesses.