Navistar, Caterpillar start Global Truck Joint Venture NC2
Navistar
International Corporation and Caterpillar Inc. closed a joint venture
transaction resulting in a new company, NC2 Global LLC, to serve the global
commercial truck market. Navistar
and Caterpillar first announced plans to form a joint venture in June 2008 and
have identified the leadership team of the new entity that will establish its
headquarters in the Chicago area.