Caterpillar and Axenox strike intellectual property acquisition agreement for Oxclaw® and Bullox® asphalt paving screed system

For release in North America: November 2022
Release Number: 709PR22

Caterpillar Inc. announces the company 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 up 80%, 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. 

# # #

Note to Editors: Caterpillar rolls out products and services in each of its territories at different time intervals. Although every effort is made to ensure that product information is released only after Caterpillar has received confirmation from our dealer network, our plants, and our marketing subsidiaries that products and services are available in the relevant region, editors are kindly requested to verify with their local dealer for product availability and specifications.

CAT, CATERPILLAR, LET’S DO THE WORK, their respective logos, VisionLink, “Caterpillar Corporate Yellow,” the “Power Edge” and Cat “Modern Hex” trade dress, as well as corporate and product identity used herein, are trademarks of Caterpillar and may not be used without permission.

©2022 Caterpillar All Rights Reserved