Caterpillar announced Q3/18 sales and revenues of $13.5 billion, up 18% from $11.5 billion a year earlier. CAT noted its EPS of $2.88 was a Q3 record. read more
OCT 23, 2018 - 1:55 pm
Caterpillar reported its retail machine sales for the 3-month rolling period which ended in September was up 21%. The North American region led the increase with sales growth of 28%. read more
OCT 23, 2018 - 6:50 am
Cat Financial established its newest legal entity to support customers in South Africa by opening a finance office in Johannesburg. read more
OCT 22, 2018 - 7:15 am
Japan-based IHI executed an agreement to sell the commercial engine-focused small engine business of IHI’s subsidiary IHI Agri-Tech to U.S.-based Caterpillar. read more
SEP 28, 2018 - 7:10 am
Caterpillar reported a 24% over-all increase in retail sales for the three-month rolling period ended July 2018. Resources industries global sales were up 34% for the period while construction equipment sales were up 22%. read more
SEP 4, 2018 - 7:20 am
According to Equipment World, Caterpillar is selling its purpose-built forestry machines to Weiler and will no longer manufacture heavy equipment built for specific forestry applications. read more
SEP 4, 2018 - 7:10 am
Caterpillar reported Q2/18 sales and revenues of $14.0 billion, compared with $11.3 billion in Q2/17, marking a 24% increase. read more
JUL 31, 2018 - 6:35 am
Caterpillar reported a 25% Y/Y increase in total machine sales worldwide for the three-month rolling period ended in June 2018, following increases of 24% and 28% in May and April, respectively. The increase was led by worldwide retail sales in Resource Industries. read more
JUL 30, 2018 - 6:19 am
The global mining equipment market size is expected to reach $128.39 billion and register a CAGR of 6.5% by 2025 according to a new report by Grand View Research. read more
JUL 5, 2018 - 6:30 am
Caterpillar reported a 28% increase in worldwide machine sales for the three-month rolling period ended in April 2018. This follows increases of 26% and 33%, respectively, in the same periods ended in March and February. read more
MAY 14, 2018 - 7:23 am
Cedar-Rapids, IA-based Caterpillar dealer Altorfer Holdings acquired Patten Industries, a Caterpillar dealer in Northern Illinois and Northwest Indiana. read more
MAY 11, 2018 - 2:28 pm
Caterpillar appointed Andrew Bonfield chief financial officer effective September 1, 2018. Joe Creed, Caterpillar Finance Services division vice president, will serve as interim CFO. read more
MAY 7, 2018 - 7:17 am
The construction equipment rental market is expected to cross $140 billion by 2024, according to a report from Global Market Insights. read more
APR 26, 2018 - 1:11 pm
Caterpillar reported Q1/18 sales and revenues were up 31% compared to Q1/17. In its outlook, Caterpillar said it expects higher demand with the biggest drivers in North America and China. read more
APR 25, 2018 - 6:50 am
Caterpillar reported a 33% increase in worldwide machine sales for the three-month rolling period ended in February 2018. read more
MAR 13, 2018 - 1:27 pm