Caterpillar Inc. (CAT), the world’s largest maker of construction equipment, reported a gain in first-quarter revenue that was less than analysts estimated after sales fell in China and Brazil. Revenue climbed 23 percent to $16 ...
Industrial production accelerated in January, indicating manufacturing will remain at the forefront of the U. S. Economic expansion. Output (IPMGCHNG) at factories, mines and utilities rose 0.7 percent, the biggest gain in six months, ...
Tags: market view, heavy equipment
Caterpillar Inc., (CAT) the largest construction and mining-equipment maker, plans to close a Canadian locomotive plant that employs about 800 people after failing to reach an agreement with locked-out union members. “The cost ...
Caterpillar Inc. (CAT) posted fourth- quarter profit that beat analysts’ estimates and said Wall Street projections for this year were too conservative, lifting the stock market and bolstering expectations the world economy will ...
Business activity in the U. S. Cooled in January as orders and employment slowed, indicating last quarter’s pickup in growth will not be sustained into 2012. The Institute for Supply Management-Chicago Inc. Said today its business ...
Manufacturing in the U. S. Grew in January at the fastest pace in seven months, adding to signs of a global pickup from Germany to China. The Institute for Supply Management’s index climbed to 54.1, from 53.1 in December, the Tempe, ...
Manufacturing probably grew at a faster pace in January, a sign the industry will lead the U. S. Expansion early this year, economists said before today’s report. The Institute for Supply Management’s factory index rose to 54.5, ...
Tags: market view, Construction
Caterpillar Inc. (CAT), the largest construction and mining equipment maker, said the business cycle is in the early stages of a recovery and the company expects to see a “tail wind” from U. S. And European demand. “We are ...
The Mining industry is one of the most dangerous working environments. Mining equipments are instruments that are commonly used in extraction of minerals from the earth surface. In the past, ancient times, miners used to excavate minerals ...
Despite being tempered by the global recession, the world market for hydraulic equipment is expected to gain momentum over the next few years to reach USD38.9 billion by 2015. Hydraulics is the technology that uses fluid power to generate ...
Tags: hydraulic equipment, Global market
Caterpillar Inc. (CAT), the world’s largest maker of construction and mining equipment, said it will open a new manufacturing plant in North America and move some production there from Japan to be closer to customers. The plant will ...
Illinois is trying to persuade Caterpillar Inc. (CAT), the world’s largest construction and mining- equipment maker, that its home state is the best location to build a factory that will employ more than 1, 000 people. “We have ...