Interbrand, the world’s largest brand consultancy, recently 2011 rankings of the Top 100 Global Brands. Caterpillar is ranked 64th in the world’s Top 100 Brands with a value of $ 5.5 billion. Every year, Interbrand ranks companies by the amount of their income that is driven by their brands, using a formula that takes into account the brand strength and its future role in creating demand. The result, in fact, the share of profits that is attributable to the brand relative to factors such as price, availability and performance. This is the tenth consecutive year, Caterpillar has appeared on the list. Read more
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The Illinois-based world’s largest manufacturer of construction and mining, diesel and natural gas engines and industrial gas turbines, Caterpillar (NYSE: CAT), has decided to their Russian production unit in Tosno expand. Caterpillar (NYSE: CAT) has reported that the increasing demand for mining and quarrying equipment in Russia and the Commonwealth of Independent States that led to the expansion. Read more
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Foreign investment in the mining sector will boom once the bill Indias on the sector is passed by parliament, the major infrastructure Caterpillar Asia said at a conference here today. The Government is expected to introduce the bill to Parliament in the coming winter session. “Our customers tell us that buitenlanders”trek for investment in the Indian mining sector will significantly increase if they win the confidence with the support of the new law,” Kevin Thieneman, president of Caterpillar Asia, said at the annual Global Entre Policy Conference of Singapore. Read more
Peoria-based heavy machinery maker Caterpillar Inc. said it plans to expand remanufacturing facility in West Fargo, North Dakota to the growing demand for power train components for large off-highway trucks and other mining to meet.
The maker of equipment used in mining and construction said that the $ 50 million investment to create capacity for high-tech machining, metal additive processes and metallurgical lab to increase. Read more
Caterpillar Inc. is facing high expectations on Wall Street now that the company closed on a $ 8.8 billion gain and a fall in commodity prices has stopped. The Peoria, Illinois-based manufacturer of bulldozers, dump trucks and excavators reports second quarter financial results early Friday. The stock, widespread among investors, is part of the Dow Jones Industrial Average. For the second quarter, analysts predict a profit of $ 1.74 per share, on average, compared to $ 1.09 per share earned in the year-ago period. Read more
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