It has a “smart” pump, boom works faster, and burns less fuel.
The machinery giant doesn’t think it will remain strong for the rest of 2015.
The company experienced a annual drop in the resource industries segment sales in every geographic region except Asia/Pacific.
Caterpillar has upgraded the MD6640 Rotary Drill with the new Cat® 390 excavator undercarriage, which helps minimize downtime, reduces operating costs and increases machine productivity.
The equipment maker brings the Lanter Festival to a remote Chinese village.
Take a peek at the six-block campus Caterpillar plans to build.
A six-block campus.
CAT keeps slashing costs as it tries to offset issues out of its control, such as the falling price for everything from iron ore to oil.
The analysts argued that as much as 15% of the machinery maker’s revenues are dependent on the oil and gas industry
Depressed oil prices may end up helping, CEO Doug Oberhelman added.
Well, they built it, so they were entitled to do whatever they wanted with the new Guinness World Record holder for the highest sand-made fort.
Report shows there are 39 assets in production within the Ebola-affected region.
The SEC is looking into Joy's acquisition of International Mining Machinery Holdings Ltd of China for about $1 billion and related accounting matters.
The ROI's in the hundreds of percents
Automation in mining trucks continues apace with safety being a key driver for adoption.
The equipment maker beat analysts' expectations and the stock is skyrocketing in premarket trading.
The equipment maker is scheduled to report third-quarter earnings Thursday.
Deutsche Bank warned Friday that gold producers are the most vulnerable to a further spread of the deadly disease.
Resource industry sales were awful.
Demand for Caterpillar's construction equipment and machinery has been slipping globally since the last quarter of the 2012 fiscal year.
Tighter border controls are set to disrupt the flow of essential supplies and even workers trying to get to work at the African country's mining operations, companies say.
After the WHO declared the current outbreak an “international public health emergency.”
The total of this year's stock repurchases is $4.2 billion.
Construction, not mining lifts the machinery giant's second-quarter results.
Firms competing to offer engines that comply with tougher U.S. emissions rules.
Miner spending cuts hitting maker hard.
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