Westport and Caterpillar Announce Agreement to Develop Natural Gas Technology for Off-Road Equipment – #Construction #Equipment #Financing and #leasing



Westport has signed agreements with Caterpillar Inc. (NYSE: CAT) to co-develop natural gas technology for off-road equipment, including mining trucks and locomotives. Caterpillar and Westport will combine technologies and expertise, including Westport™ High Pressure Direct Injection (HPDI) technology and Caterpillar’s industry leading off-road engine and machine product technology, to develop the natural gas fuel system. Caterpillar will fund the development program. When the products go to market, Westport expects to participate in the supply of key components.

Full news release:
http://www.westport.com/news/2012/westport-and-caterpillar-natural-gas-technology-agreement

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