President Bush Signs Transportation Bill at Caterpillar® Facility in Illinois


This past August 10th, Caterpillar Inc. hosted President George W. Bush at the company's manufacturing facility in Montgomery, Illinois, where he signed HR3, the Transportation Equity Act, into law. The measure sets funding levels over the 2004-2009 time frame for critical infrastructure projects.

"We are honored President Bush is signing this important legislation at our Montgomery location and that House Speaker Denny Hastert is with us today after working so hard to get this bill passed in Congress," said Jerry Palmer, Caterpillar vice president with responsibility for the Wheel Loaders and Excavators Division. "The wheel loaders and excavators made in Montgomery can be seen all around the country, working to build the roads, highways and bridges that are such a vital part of the American economy."

Caterpillar's Montgomery operation is one the company's largest U.S. manufacturing facilities, and it is located in House Speaker J. Dennis Hastert's 14th Congressional District

"This highway bill will not only fuel America's economy by growing jobs, but it addresses the need for a national transportation system suited to the 21st century's economy," said Hastert. "It is estimated that for every one billion dollars we spend on road construction, nearly 48,000 jobs are created. With more than 67 percent of the nation's freight moving on highways, economists believe that our ability to compete internationally is tied to the quality of our infrastructure."

Caterpillar Group President Gerry Shaheen said, "On behalf of our Caterpillar customers, I'd like to thank the President, Speaker Hastert and all those who made this day possible. With this bill, our customers will now have certainty to make business plans and to prepare to get to work on the projects that provide jobs and improve the lives of all Americans who benefit from improved highways, roads and bridges."

In addition to the infrastructure initiatives, the legislation funds programs to reduce emissions from older off-road diesel equipment and sets money aside to retrofit school buses as part of the Environmental Protection Agency's Clean School Bus USA initiative. Caterpillar has actively supported the Clean School Bus USA initiative by providing $250,000 in grants in 2004 to help school districts reduce bus emissions. Caterpillar's retrofit technology can also be used as part of a transportation bill program, enabling states to retrofit older construction equipment used in federal highway projects, including machines used in EPA non-attainment areas.

Caterpillar uses its breakthrough ACERT® Technology to reduce on-highway and off-road emissions. In fact, the company has reduced on-highway diesel emissions in trucks and buses by nearly 90 percent since 1988 and will reduce emissions another 90 percent by 2007.








Yancey Wins 2005 Marketplace Ethics Award from Metro Atlanta Better Business Bureau

On April 6, the Better Business Bureau serving Metro Atlanta, Athens and Northeast Georgia selected Yancey Bros. Co. as one of four recipients of the "2005 Better Business Bureau Torch Award for Marketplace Ethics".

The BBB Torch Award for Marketplace Ethics recognizes a company's performance and commitment to conducting business and interpersonal relationships in an ethical manner. The judges selected Yancey based on the company's demonstrated ethical practices toward customers, suppliers, stockholders, employees and the communities in which they do business. The BBB Torch Award is helping to illuminate the importance of corporate conscience and responsibility to upholding a fair and honest marketplace. The award is open to for-profit businesses that provide goods or services to retail and wholesale markets. Nominees must be in good standing with the BBB; however, membership in the BBB is not a requirement.

Established nationally in 1996, the BBB Torch Award for Marketplace Ethics gains public recognition for companies that maintain a solid commitment to conducting their business practices in an ethical fashion. The Better Business Bureau Torch Award for Marketplace Ethics is designed to promote the importance of ethical business practices, and the willingness and efforts made by outstanding businesses to ensure that their community's marketplace remains fair and honorable for everyone. The Metro Atlanta Better Business Bureau established the local Torch Award program in 2005, making Yancey Bros. Co. a member of the first class of recipients of this prestigious award.

The 2005 Metro Atlanta BBB Torch Award for Marketplace Ethics was awarded to four companies:
the Category I (1 to 10 employees) winner was Extreme Fence, Inc., the Category II (11 to 99 employees) winner was Peachtree Pest Control Co., Inc., the Category III (100 to 999 employees) winner was Yancey Bros. Co., and the Category IV (1000 employees or more) winner was Georgia-Pacific Corporation.

"I am extremely proud of the employees of Yancey who have worked hard for over ninety years to create and maintain a climate of ethical, fair and honest business practices within the industries we serve", says Jim Stephenson. "Being recognized by the Better Business Bureau and receiving their inaugural Torch Award further validates our company's vision, mission and values, and lets us know we are conducting business with integrity and pride. I share this award with all of our employees, customers, and suppliers".

The Yancey Bros. Co. presentation will now be forwarded by the Metro Atlanta BBB to the Council of Better Business Bureaus as a nominee for the 2005 International Torch Award for Marketplace Ethics. The winners of this award are selected from all businesses in the United States, Canada and Mexico.


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