Caterpillar’s worldwide sales down 12 pct in May

Pallets of Caterpillar dozer chain. Photo by Kitmondo Marketplace.

Caterpillar’s resource sector sales were mixed bag in May with Asia up 40% but Latin America down 47%.

The major mining equipment manufacturer published its rolling-three-month sales statistics for May by geographic region.

As a whole, resource industry sales were down 8% compared to a year ago. Total machine sales encompassing construction and energy, as well as mining, were down 12%.

Year to date Caterpillar shares are down 4.4% to $87.57. It’s 52-week high is $11.46 and its low is $78.19.

Excerpt from Caterpillar’s Form 8-K dated June 18, 2015.


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