Industry NewsAnother Five Years For Cat, Active PowerJanuary 18, 2012 Active Power, an Austin, Texas, manufacturer of continuous and uninterruptible power systems for infrastructure applications, said it has renewed its global distribution agreement with Caterpillar, Inc. No financial details were provided. The new five-year contract contains substantially similar terms and conditions to the previous agreement signed in April 2008, with enhancements to reflect new products, operational processes and pricing. As part of the distribution agreement, Caterpillar, which has long been a significant OEM customer for Active Power, will continue to market Active Power products under the Caterpillar brand and as a complement to its own product line. |