Plans expected to reduce annual costs by about $1.5 billion

PEORIA, Ill. (Sept. 24, 2015) – Caterpillar Inc. announced significant restructuring and cost reduction actions that are expected to lower operating costs by about $1.5 billion annually once fully implemented. The cost reduction steps will begin in late 2015 and reflect recent, current and expected market conditions.

New mobile apps and 5-D BIM integration for project controls software platform will drive greater productivity

Orlando, FL (September 21, 2015) — From its 5th Annual User Conference, EcoSys announced its roadmap of new capabilities for its EcoSys EPC (Enterprise Planning & Controls) solution. The roadmap includes a new mobile apps framework, enhanced business intelligence analytics and 5D BIM (Building Information Modeling) integration capabilities.

One respondent says an increase in interest rates may spur activity in the equipment finance sector

WASHINGTON, D.C. (September 21, 2015) – The Equipment Leasing & Finance Foundation (the Foundation) has released the September 2015 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI). Designed to collect leadership data, the index reports a qualitative assessment of both the prevailing business conditions and expectations for the future as reported by key executives from the $903 billion equipment finance sector.

New facility repays a prior senior secured loan and provides additional capital for growth

PLEASANTON, Calif. (September 17, 2015) – IronPlanet announced that it has closed a new $55 million senior secured credit facility. The new facility repays a prior senior secured loan and provides additional capital for growth.

Revitalized partnership will offer greater customer value in field-service management

PORTLAND, Ore. (Sept. 14, 2015) – Viewpoint Construction Software and MSI Data announced a strategic collaborative partnership to continue delivering a best-in-class integrated mobile service solution to our customers.