Can CAT's Quarry Automation Expansion Create New Growth Opportunities?

Caterpillar is expanding its autonomous hauling technology deployment to two additional Luck Stone quarry operations in Virginia, equipping Cat 775 truck fleets with autonomous systems. This expansion follows a successful pilot at Bull Run Quarry that hauled 3.5 million tons since November 2024. CAT's autonomous trucks have collectively hauled over 13 billion tons without reported injuries, positioning the company to capitalize on growing demand for automation, safety, and labor solutions in the quarry industry.