Caterpillar Inc.

Caterpillar Inc., based in Peoria, Ill., is a manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives.

Marine engine sales fall slightly at Caterpillar in July

Caterpillar reported a slowing rate of decline in marine engine sales in July, according to a report filed with the Securities and Exchange Commission. Marine engine sales were down 1 percent last month, compared with July 2010. In May and June, engine sales declined 27 percent and 21 percent, respectively, compared with the same months…more

Caterpillar settles Clean Air Act case

The U.S. Environmental Protection Agency and the U.S. Justice Department announced a settlement with Caterpillar to resolve alleged Clean Air Act violations for shipping more than 590,000 highway and non-road diesel engines without the correct emissions controls. Caterpillar also allegedly failed to comply with emission control reporting and engine-labeling requirements, the EPA said. Caterpillar will…more

Caterpillar reports 2Q results

Caterpillar Inc. today reported a second-quarter 2011 profit per share of $1.72, excluding $204 million in expenses related to the acquisition of Bucyrus, a 58 percent improvement from $1.09 a share in the second quarter last year. Including the effect of Bucyrus, profit per share was $1.52, up 39 percent from last year’s second quarter.…more

Caterpillar reports drop in marine engine sales

Caterpillar continued to report a decline in marine engine sales, according to data filed with the Securities and Exchange Commission. The company reported a 27 percent decline in marine engine sales in May, compared with the same month last year. This follows declines of 27 percent and 33 percent reported in April and March respectively,…more

Caterpillar reports decline in marine engine sales

Sales of Caterpillar marine engines were down 27 percent in April, compared with the same month in 2010, the company said in a report this week to the Securities and Exchange Commission. The rate of decline was slightly better than reported in March and February, when sales were down 33 percent and 36 percent, respectively,…more

Caterpillar reports 1Q results

Caterpillar today reported a first-quarter 2011 profit per share of $1.84, an all-time quarterly record and a 411 percent improvement from 36 cents in the first quarter of 2010. First-quarter sales and revenue of $12.95 billion were up 57 percent from $8.24 billion in the first quarter of 2010. Profit was a record $1.23 billion…more

Caterpillar reports drop in marine engine sales

Caterpillar continued to report a decline in marine engine sales, according to a dealer statistics report filed with the Securities and Exchange Commission. Sales for the segment were down 36 percent in February, compared with February 2010, the company said. Marine engine sales were down 34 percent in January and 15 percent in December, compared…more

Caterpillar unveils service programs

Caterpillar Marine Power Systems announced the availability of two product support initiatives – the Marine Advantage program and additional Extended Service Coverage plans – specifically for recreational marine engines. The new Marine Advantage program enables customers to receive complete coverage on Caterpillar engines for as long as 10 years. Building on the initial success of…more

Caterpillar reports drop in marine engine sales

Caterpillar continued to report a decline in marine engine sales, according to documents filed with the Securities and Exchange Commission. Sales in the segment were down 15 percent in December, compared with December 2009. Sales were down 4 percent in November and 14 percent in October 2010, compared with those months in 2009, the company…more

Caterpillar reports 4Q, year-end results

Caterpillar announced sales and revenue of $42.6 billion for 2010, an increase of 31 percent from $32.4 billion in 2009. Profit in 2010 was $2.7 billion, an increase of 202 percent from a 2009 profit of $895 million. Profit per share of $4.15 was up from $1.43 in 2009, the company said. Fourth-quarter sales and…more

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