Caterpillar Is First Multinational Company To “Act” Successfully On Mexican Electricity Industry Law
Dow 30 Component Caterpillar, Inc. (CAT) is the world’s chief manufacturer of diesel and natural gas engines, construction and mining equipment, industrial gas turbines, and diesel-electric locomotives. Caterpillar, Inc. also works to make sustainable progress possible and contributes to driving positive change on every continent.
Caterpillar, Inc. has recently become the first multinational company to produce and consume its own energy in northern Mexico under the new Mexican Electricity Industry Law. During the last three years, the Caterpillar facilities in Monterrey and Torreon have been generating their own electricity, each with a 14.75 MW generation capacity. The purpose of the facilities is to use low-cost and best-quality electricity specifically during peak periods. The Caterpillar Mexico Energy Center in Monterrey is now able to provide the Santa Catarina Campus with 100% of the electricity it needs during top hours. In the time of five minutes, the Caterpillar Mexico Energy Center is able to create enough electricity for a single house for a month.
Luis A. Cantu, Advanced Components Manufacturing (ACM) Mexico energy operations project manager stated, “Without a doubt, this is an important achievement for the company as both projects reinforce Caterpillar’s commitment to sustainability through reduction of polluting emissions into the atmosphere. I’m proud of the collaboration between our multiple facility teams and how they have made it possible to achieve and maintain this sustainable advantage.”
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