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Caterpillar CEO says more restructurings are likely

Michael Allan McCrae | July 24, 2015 | 3:30 pm Precious Metals Diamond Potash Silver 

Caterpillar may downsize more operations while the mining sector remains weak, warned CEO Doug Oberhelman during a conference call today announcing company's second quarter. "[Most] of the restructuring we have taken to date has been aimed at mining. A number of facilities have been downsized,...

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