Construction, not mining lifts the machinery giant's second-quarter results.
Firms competing to offer engines that comply with tougher US emission rules.
Miner spending cuts hitting maker hard.
Over alleged flaws in engines for school buses the firm sold between 2006 and 2010.
Watch a CAT mini excavator go though extremely narrow aisles of a store packed with $40,000 worth of valuable glassware.
"We really acquired 10 different product lines and many different companies."
While average in terms of capacity and other features, users surely won’t buy it for the specs, but for what Cat shows in this video.
Climbing up and down 797s all day can chew up time on the assembly line.
The world’s largest maker of heavy machinery posted a 5% increase in quarterly profit, beating analysts’ estimates.
Over the past year, Caterpillar has closed or announced plans to shutter several plants in the US, Canada and Europe.
Don't topple the structure.
Expects sales and revenues to be similar to 2013 as sales to the resource industry decline modestly.
The companies have signed an agreement to test a new truck engine which would run on liquefied natural gas rather than diesel.
Metso's Q3 mining and construction orders fell 19%. Sandvik's net profit fell 22%.
Share price drops more than 6% following Q3 profits of less than $1 billion.
Targeting support and management positions.
Joy Global reports 36% drop in orders.
CAT's revenue in the resource segment, which is dominated by mining, plunged 34%.
Experts say mining services providers’ earnings will continue to fall this year.
"It is not just about the tools in your tool box."
Analyst warns that major mining companies’ current focus on returns will reduce supply growth and lead to higher commodity prices.
Total workers down to 500.
Coming to grips with CAT's size and dominance
Emory Williams, who was one of the largest individual shareholders of ERA, said he was “shocked, dismayed and surprised” by Caterpillar's claim allegations that accounting misconduct took place before the deal closed.
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