Caterpillar Suffers From Weak Demand for Mining Equipment in First-Quarter 2013, Sees Decline Continuing, an Industrial Info
Caterpillar Suffers From Weak Demand for Mining Equipment in First-Quarter 2013, Sees Decline Continuing, an Industrial Info News Alert
SUGAR LAND, TX -- (Marketwired) -- 04/23/13 -- Researched by Industrial Info Resources (Sugar Land, Texas) -- Heavy machinery manufacturer Caterpillar Incorporated (NYSE:CAT) (Peoria, Illinois) reported a steep drop in its overall results for first-quarter 2013, as inventories were reduced companywide, and sales declined in all segments and almost all geographic regions. Industrial Info is tracking about $727 million in active projects involving Caterpillar.
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