SOURCE: Industrial Info Resources

Industrial Info Resources

January 30, 2012 06:30 ET

Caterpillar Attains Record-High Revenues, Plans $4 Billion Capital Outlay in 2012, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - Jan 30, 2012) - Researched by Industrial Info Resources (Sugar Land, Texas) -- For 2011, heavy machinery manufacturer Caterpillar Incorporated (NYSE:CAT) (Peoria, Illinois) reported its largest full-year percentage increase in sales and revenues in more than 60 years. The company also saw record-breaking exports of almost $20 billion and the completion of two major growth-industry acquisitions, Bucyrus International Incorporated (NASDAQ:BUCY) (South Milwaukee, Wisconsin) and Motoren-Werke Mannheim Holding GmbH. Net profits were reported to be $1.55 billion for the quarter, a 59.81% increase from fourth-quarter 2010, and $4.93 billion for the year, compared with $2.7 billion in 2010.

Industrial Info is tracking more than $1.1 billion in active Caterpillar projects in the U.S., including the $130 million construction of a plant in Victoria, Texas.

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