Caterpillar Suffers From Weak Demand for Mining Equipment in First-Quarter
2013, Sees Decline Continuing, an Industrial Info News
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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