SOURCE: Industrial Info Resources

Industrial Info Resources

August 22, 2016 06:20 ET

Caterpillar Closes, Consolidates Coal and Mining-Related Facilities as Prices Pummel Bottom Line, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwired - Aug 22, 2016) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Leading manufacturing company Caterpillar Incorporated (NYSE:CAT) (Peoria, Illinois) has suffered a series of economic setbacks from the long-term slump in commodity prices, with the coal market proving especially brutal to its mining-related assets. End-user demand for mining products declined across all of the company's geographic regions in the previous quarter, and marginal improvements in commodity prices were of little help. Industrial Info is tracking more than $102 million in active projects involving Caterpillar.

Within this article: Details on Caterpillar assets most directly affected by the ashen coal and mining markets.

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Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, five offices in North America and 10 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com.

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