Caterpillar Gains on Luck Stone Hookup

Caterpillar Inc. (NYSE: CAT) announced today a collaboration with Luck Stone, the nation's largest family-owned and operated producer of crushed stone, sand and gravel, to deploy Caterpillar's autonomous solution to Luck Stone's Bull Run Plant in Chantilly, Virginia . This will be Caterpillar's first autonomous deployment in the aggregates industry and will expand the company's autonomous truck fleet to include the 100-ton-class (90-tonne-class) Cat® 777.

Looking to accelerate autonomous solutions beyond mining, Caterpillar will implement its existing Cat® MineStar™ Command for Hauling system at the Bull Run quarry, on a fleet of 777G trucks. This will allow Caterpillar to gain greater insights on quarry operations in order to tailor the next generation of autonomous solutions specific to quarry and aggregate applications. This project supports the acceleration of autonomous technology for operations with fewer mobile assets to allow a step change in safety and productivity, as currently experienced at large mining operations.

"Luck Stone and Caterpillar's partnership has been grounded in shared values for many years," said Charlie Luck , President and CEO of Luck Companies. "Together we believe that safety, innovation and a commitment to people are critical, not only to propelling important projects like this, but to ensuring our focus on the future and all of the exciting possibilities technology affords our industry. Our collaboration will provide opportunities for associates to learn and grow, improve safety and result in production efficiencies. We are thrilled to partner with Caterpillar to achieve this 'first' for our industry."

CAT shares picked up 17 cents to $230.83.

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