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TheStreet Open House

Caterpillar To Sponsor OCEARCH, Performing Global Shark Research On The Ocean

Stocks in this article: CAT

"Chris doesn't have to be shown the benefit Caterpillar's business model can bring to his operation—he intrinsically understands the value because he's lived it for years," said Caterpillar Global Brand Marketing Manager Diane Lantz-Rickard. "He believes in our products and support; we believe in the work he's doing for our planet. It's a satisfying match."

OCEARCH embarks on its first Caterpillar-funded expedition on February 21, 2013. When his crew leaves Jacksonville, Florida, they'll spend the following 20 days at sea conducting critical research on great white sharks with leading researchers such as Dr. Greg Skomal of the State of Massachusetts and Dr. Robert Hueter of Mote Marine Laboratory in Sarasota, Florida.

*The International Union for Conservation of Nature (IUCN) has determined that of the shark and ray species assessed, 30 percent are threatened or near-threatened with extinction.

About Caterpillar For more than 85 years, Caterpillar Inc. has been making sustainable progress possible and driving positive change on every continent. With 2012 sales and revenues of $65.875 billion, Caterpillar is the world's leading manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. The company also is a leading services provider through Caterpillar Financial Services, Caterpillar Remanufacturing Services and Progress Rail Services. More information is available at: http://www.caterpillar.com.

About OCEARCHOCEARCH is a non-profit organization with a global reach for unprecedented research on the ocean's giants, supporting leading researchers and institutions seeking to attain groundbreaking data on the biology and health of sharks, in conjunction with research on shark life history and migration. The researchers OCEARCH supports work aboard the MV OCEARCH, a 126' vessel equipped with a custom 55,000 hydraulic lift and research platform, which serves as both mothership and at-sea laboratory.  In addition to enabling unprecedented research at sea, Caterpillar's support of the OCEARCH vessel and team enables generation of data that is required to complete critical studies as well as educating students and the public through the Global Shark Tracker.  More information can be found at www.ocearch.org, including access to the Global Shark Tracker.

SOURCE Caterpillar Inc.

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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