Caterpillar Posts Record Results in Sales, Profits for Third-Quarter 2011 as Demand Strengthens, an Industrial Info News Alert

(firmenpresse) - SUGAR LAND, TX -- (Marketwire) -- 10/25/11 -- Researched by Industrial Info Resources (Sugar Land, Texas) -- Heavy machinery manufacturer (NYSE:CAT) (Peoria, Illinois) reported record quarterly results for sales and profits in the third quarter of 2011, as demand continued to improve and the company's order backlog hit an all-time high. Total profits for the quarter were reported to be $1.14 billion, a 44.07% increase from third-quarter 2010.
Industrial Info is tracking $885.5 million in spending from Caterpillar on active projects in the U.S., including two projects worth $50 million each: the expansion of a construction machinery and equipment remanufacturing plant in West Fargo, North Dakota, and the construction of a warehouse and distribution center in Spokane, Washington. For more information, visit Industrial Info's .
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Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, and eight offices outside of North America, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. To contact an office in your area, visit the "" page.
Contact:
Joe Govreau
713-783-5147
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Bereitgestellt von Benutzer: MARKET WIRE
Datum: 25.10.2011 - 10:10 Uhr
Sprache: Deutsch
News-ID 79659
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SUGAR LAND, TX
Kategorie:
Machinery & Tools
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