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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