Navistar International Corp., the nation's largest combined commercial truck and mid-range diesel engine producer, has reached an agreement with Caterpillar Inc. on a new ongoing business relationship
that includes new licensing and supply agreements.
As part of the agreement, both companies have agreed to dismiss all pending litigation, some of which date back to 2001.
A major component of the agreement involves new supply agreements between the two companies that include on-highway truck engines, fuel injectors, remanufactured components and other products.
Part of the agreement calls for Caterpillar Remanufacturing to act as International's lead global remanufacturing service provider. Under this new relationship, the parties will examine and explore opportunities to enhance the overall value of International's remanufactured products and services.
that includes new licensing and supply agreements.
As part of the agreement, both companies have agreed to dismiss all pending litigation, some of which date back to 2001.
A major component of the agreement involves new supply agreements between the two companies that include on-highway truck engines, fuel injectors, remanufactured components and other products.
Part of the agreement calls for Caterpillar Remanufacturing to act as International's lead global remanufacturing service provider. Under this new relationship, the parties will examine and explore opportunities to enhance the overall value of International's remanufactured products and services.
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