Caterpillar Acquires Intellectual Properties of Avenox Asphalt Paving Screed Products

Under the agreement, Oxclaw textured screed plates and Bullox modular screed plate system will be available options exclusively for Cat asphalt paving customers.
Nov. 18, 2022
2 min read

Caterpillar Inc. has entered into an agreement with construction solutions supplier Axenox Inc. to acquire the intellectual properties of two of the company’s asphalt paving screed products. Under the agreement, Oxclaw textured screed plates and Bullox modular screed plate system will be available options exclusively for Cat asphalt paving customers.

A significant departure from the industry standard, Oxclaw’s innovative three-dimensional textured screed provides lateral compaction confinement to asphalt material. This improves mat density and smoothness as well as density at the joint to reduce compaction expense and improve chances of achieving pay bonuses. Screed cast plates are made with high strength chromium carbide, delivering high wear resistance and longer life in the field.

A revolutionary new way to secure the plate to the screed, the Bullox system reduces screed plate change time 80 percent, from days to less than four hours, lowering costs and maximizing paver uptime availability. After a one-time installation of the insulated conductor plate, simple screed plate changes are completed using a patented lock-and-go system, eliminating the need to access and remove the nuts and bolts.

The Axenox screed system will be exclusively available for Cat customers and supported by the extensive Cat dealer network. 

About the Author

Michael Roth

Editor

Michael Roth has covered the equipment rental industry full time for RER since 1989 and has served as the magazine’s editor in chief since 1994. He has nearly 30 years experience as a professional journalist. Roth has visited hundreds of rental centers and industry manufacturers, written hundreds of feature stories for RER and thousands of news stories for the magazine and its electronic newsletter RER Reports. Roth has interviewed leading executives for most of the industry’s largest rental companies and manufacturers as well as hundreds of smaller independent companies. He has visited with and reported on rental companies and manufacturers in Europe, Central America and Asia as well as Mexico, Canada and the United States. Roth was co-founder of RER Reports, the industry’s first weekly newsletter, which began as a fax newsletter in 1996, and later became an online newsletter. Roth has spoken at conventions sponsored by the American Rental Association, Associated Equipment Distributors, California Rental Association and other industry events and has spoken before industry groups in several countries. He lives and works in Los Angeles when he’s not traveling to cover industry events.

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