Skip to content

Heavy equipment demand boosts economy

Caterpillar excavators tear down Martin Luther King, Jr. Senior High School in Detroit on July 12, 2011. Continued robust demand for Caterpillar’s heavy equipment boosted the company’s second-quarter profits by 44 per cent, but higher costs and cautious comments about China’s economy sent shares sliding Friday.
Earns Caterpillar
Array

Caterpillar excavators tear down Martin Luther King, Jr. Senior High School in Detroit on July 12, 2011. Continued robust demand for Caterpillar’s heavy equipment boosted the company’s second-quarter profits by 44 per cent, but higher costs and cautious comments about China’s economy sent shares sliding Friday.