Other Equipment News from Cuba

Caterpillar Inc. said Wednesday that it has named a Puerto Rican company to be its CAT dealer in Cuba in preparation for the day when the embargo is lifted.

“Think of it as a track meet. This puts us in the starting block and lets policymakers know we’re ready to go as soon as the embargo is lifted,” said Matt Lavoie, the company’s global government and corporate affairs officer.

Caterpillar named Rimco, a private company that is already the CAT dealer in Puerto Rico and the Eastern Caribbean, as its Cuba distributor.

Source: Miami Herald S