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Just for the record when the MCFA joint venture was formed in 1992 along with MCFE, MCFS the breakdown of ownership was MHI 70%, Caterpillar, Inc 20% & 10% Mitsubishi Corporation (the trading company that distributed Mitisubishi products in the US through MDI). Later, some time after 1996, MHI bought out the 10% from Mitsubishi Corporation). Yes, I know this well as I was with MDI from 1984 thru 1996.
So in a nutshell, Cat Inc. was always a minor investor in the MCFA program and received compensation for those products badged CAT. Cat Inc. eventually closed Caterpillar Industrial Inc. aka CII (the forklift division the sold lift trucks)
  • Posted 9 Oct 2015 20:53
  • By johnr_j
  • joined 3 Jun'06 - 1,452 messages
  • Georgia, United States

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Fact of the week
Portugal was the first country to implement a nationwide, automatic electronic toll collection system. This system allows vehicles to pass through toll booths without stopping, significantly improving traffic flow on highways.