Caterpillar CEO visits Cuba

Chairman and CEO of Caterpillar Inc., Doug Oberhelman, alongside Caterpillar executives and representatives from RIMCO, the Cat dealer serving Cuba, are travelling to Cuba this week to meet representatives from RIMCO, the CAT dealer serving Cuba, to meet with government representatives to enhance the strong relationship Caterpillar has already established in this emerging market.

Oberhelman’s visit is the latest step in the company’s ongoing efforts to promote open markets and free trade. This historic visit represents the most recent Caterpillar efforts to engage with Cuba both on business and cultural levels. Earlier this year, RIMCO, the Cat dealer currently serving Puerto Rico, was selected as the Cat dealer for Cuba.

“We believe in the power of engagement, and our goal is to be both a business and cultural partner in Cuba for many years to come,” said Oberhelman. “For nearly 20 years, Caterpillar has called for an end to the unilateral embargo. Our visit this week lays important groundwork for Caterpillar and RIMCO to serve the Cuban market once remaining trade restrictions are lifted. We are grateful for the courteous and warm reception we have received.”

We are extremely pleased to return to Cuba once again to continue analysing the market,” said Richard F. McConnie, President of RIMCO. “We look forward to offering the Cat solutions and traditionally outstanding service to help develop Cuba's infrastructure and improve the quality of life of Cuban people."While steps remain to achieve fully normalised relations, including lifting the existing embargo, RIMCO and Caterpillar will continue preparations to best serve the Cuban marketplace with construction machines, power systems, turbines and engines.

Adapted from press release by Rebecca Bowden

Read the article online at: https://www.worldcement.com/the-americas/13052016/caterpillar-ceo-visits-cuba-101/