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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, compared with those months last year.

Caterpillar reported an increase in engine sales in all other segments.

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