{"id":2708,"date":"2025-10-14T12:06:06","date_gmt":"2025-10-14T12:06:06","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-tx\/2708\/"},"modified":"2025-10-14T12:06:06","modified_gmt":"2025-10-14T12:06:06","slug":"texas-caterpillar-inc-agrees-to-buy-australia-company","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-tx\/2708\/","title":{"rendered":"Texas&#8217; Caterpillar Inc. agrees to buy Australia company"},"content":{"rendered":"<p>Other than, oh, being at the center of icy relations\u00a0between the U.S. and <a href=\"https:\/\/www.chron.com\/life\/travel\/article\/loyly-houston-scandinavian-sauna-texas-21072512.php\" data-link=\"native\" rel=\"noopener nofollow\" target=\"_blank\" class=\"\">a Scandinavian country<\/a> because a wealth fund <a href=\"https:\/\/www.chron.com\/news\/article\/caterpillar-gaza-israel-norway-21017838.php\" data-link=\"native\" rel=\"noopener nofollow\" target=\"_blank\" class=\"\">alleged it played a role in human rights violations<\/a>, Texas&#8217; Caterpillar Inc. has had a relatively positive last few months. And things are only coming up more Milhouse,\u00a0apparently, as the Irving-based construction equipment giant has\u00a0purchased a major Australian company.<\/p>\n<p>&#8220;RPMGlobal&#8217;s culture and agile approach to developing solutions aligns well with Caterpillar&#8217;s intense focus on solving customer needs,&#8221; said Caterpillar Resource Industries Group President Denise Johnson. &#8220;Their software solutions complement Caterpillar\u2019s existing technologies, especially in areas such as asset management, fleet management and autonomy. Together, we have the potential to enhance mine-site operations for our customers, unlocking even greater value.&#8221;<\/p>\n<p>The parties anticipate to close the deal by early 2026.<\/p>\n<p>But back to the alleged human rights violations. In August, Caterpillar was\u00a0divested from Norway&#8217;s $2 trillion wealth fund, which is the largest in the world. The fund&#8217;s council on ethics let go of Caterpillar over allegations the company was sending machinery including bulldozers to Gaza and the West Bank for the &#8220;unlawful&#8221; destruction of property.\u00a0<\/p>\n<p>With Caterpillar out of the spotlight for problematic things, the Texas company has recently made headlines for its big moves. <a href=\"https:\/\/www.wishtv.com\/news\/business\/caterpillar-inc-to-open-high-tech-facility-in-noblesville\/\" data-link=\"native\" rel=\"noopener nofollow\" target=\"_blank\" class=\"\">Caterpillar recently announced the addition<\/a> of a high-tech operation in Noblesville, Ind., and the company&#8217;s stock has apparently been <a href=\"https:\/\/www.investing.com\/news\/company-news\/caterpillar-stock-hits-alltime-high-at-5095-usd-93CH-4282327\" data-link=\"native\" rel=\"noopener nofollow\" target=\"_blank\" class=\"\">hitting all-time highs<\/a> in the last few days, thanks in part to an anticipation of construction\u00a0demand in relation to the rise of AI data centers.<\/p>\n","protected":false},"excerpt":{"rendered":"Other than, oh, being at the center of icy relations\u00a0between the U.S. and a Scandinavian country because a&hellip;\n","protected":false},"author":2,"featured_media":2709,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[3284,1836,1704,27,29,28],"class_list":{"0":"post-2708","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-texas","8":"tag-chronbusiness","9":"tag-chronnews","10":"tag-chronstaff","11":"tag-texas","12":"tag-texas-headlines","13":"tag-texas-news"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/2708","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/comments?post=2708"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/2708\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media\/2709"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media?parent=2708"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/categories?post=2708"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/tags?post=2708"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}