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Wells Fargo EF Construction Quarterly: ‘Worst is Behind Us’

The most recent Construction Quarterly from Wells Fargo Equipment Finance noted that despite high unemployment and depressed public spending, construction executives are optimistic that non-residential construction in 2012 will be better than in 2011.

CAT to Expand in U.S. in Move Away From Japan

Caterpillar said it has selected land near Athens, GA for a new factory that will build small track-type tractors and mini hydraulic excavators. The company said production work now done in Japan will be moved to the U.S. in late 2013.