Caterpillar Expands Factory
August 20, 2024
A new facility will increase capacity for new engines and aftermarket parts.
A new facility will increase capacity for new engines and aftermarket parts.
The decline was primarily due to lower sales volume and was partially offset by favorable price realization.
The company reported record full-year sales and revenues, and record adjusted profit per share for the year.
The company reported sales and revenues of $15.9 billion in the quarter and returned $1 billion to shareholders through dividends and repurchases.
Fourth-quarter and full-year sales were down 15 percent and 22 percent, respectively.
Viking Yachts management says the pending regulations will cost industry jobs.
Slowdown in China hurts U.S. companies.
Caterpillar Inc. will close two facilities in Texas and Panama and is considering shutting its engine manufacturing plant in Illinois as part of a strategy to boost profitability and better handle business cycles, according to Reuters.
Caterpillar Inc. reported sharply higher fourth-quarter 2017 revenue and adjusted profit per share.
Caterpillar Inc. reported sales and revenue of $11.4 billion in the third quarter — nearly a 24 percent increase from $9.2 billion in the same period last year.
A new facility will increase capacity for new engines and aftermarket parts.
The decline was primarily due to lower sales volume and was partially offset by favorable price realization.
The company reported record full-year sales and revenues, and record adjusted profit per share for the year.
The company reported sales and revenues of $15.9 billion in the quarter and returned $1 billion to shareholders through dividends and repurchases.
Fourth-quarter and full-year sales were down 15 percent and 22 percent, respectively.
Viking Yachts management says the pending regulations will cost industry jobs.
Slowdown in China hurts U.S. companies.
Caterpillar Inc. will close two facilities in Texas and Panama and is considering shutting its engine manufacturing plant in Illinois as part of a strategy to boost profitability and better handle business cycles, according to Reuters.
Caterpillar Inc. reported sharply higher fourth-quarter 2017 revenue and adjusted profit per share.
Caterpillar Inc. reported sales and revenue of $11.4 billion in the third quarter — nearly a 24 percent increase from $9.2 billion in the same period last year.
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