The world needs resources such as coal, iron ore and lumber in order to grow and thrive. The Resource Industries segment, led by Group President Steve Wunning, makes it possible for our customers to mine and harvest these resources in a profitable and sustainable way. The business units within Resource Industries design, manufacture and market products from large track-type tractors and large mining trucks, to underground mining loaders, to paving and forestry equipment, to machinery components and electronics and control systems.
The acquisition of Bucyrus International, Inc. (Bucyrus) in 2011 expanded the mining product portfolio into the broadest product line in the industry. Caterpillar's Product Development & Global Technology and Advanced Component & Systems Divisions are also a part of Resource Industries. These two divisions include a global workforce of over 10,000 people working in multiple technical centers and facilities in the U.S., Mexico, Europe, China and India and product proving grounds in the U.S. and China. Resource Industries is also home to the Caterpillar Production System group, which is responsible for driving manufacturing excellence throughout the company.