SOURCE: Industrial Info Resources

Industrial Info Resources

October 24, 2013 06:15 ET

Caterpillar Rides Rough Terrain in Third-Quarter 2013 as Mining Markets Prove Weak, Cuts Outlook for Sales and CapEx, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwired - Oct 24, 2013) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Heavy machinery manufacturer Caterpillar Incorporated (NYSE:CAT) (Peoria, Illinois) reported a sharp overall decline in third-quarter 2013, as conditions in the company's mining markets failed to improve and dealers cut back on inventories. Industrial Info is tracking $172 million in active projects involving Caterpillar.

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