SOURCE: Industrial Info Resources

Industrial Info Resources

July 25, 2014 06:30 ET

Recovering Construction Market Boosts Caterpillar in Second-Quarter 2014, Mining Market Still Weak, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwired - Jul 25, 2014) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Heavy machinery manufacturer Caterpillar Incorporated (NYSE:CAT) (Peoria, Illinois) reported solid profit gains for second-quarter 2014, despite a drop in revenues, as a strengthening U.S. construction market and tighter cost controls helped the company offset a continuing decline in its global mining business. Caterpillar reported $999 million in profits, a 4.06% increase from second-quarter 2013. Industrial Info is tracking $95 million in active projects involving Caterpillar.

Within this article: Details on Caterpillar's quarter and active projects, including the addition of a diesel generator at a facility in Saudi Arabia.

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Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, three 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. To contact an office in your area, visit the www.industrialinfo.com "Contact Us" page.

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