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Caterpillar Hits Another Revenue Record in Second-Quarter 2012, Expects to Spend $4 Billion by End of Year
Posted on July 26, 2012 at 04:39 AM EDT
SUGAR LAND--July 26, 2012--Researched by Industrial Info Resources (Sugar Land, Texas)-- Heavy machinery manufacturer Caterpillar Incorporated (NYSE:CAT) (Peoria, Illinois) reported another quarter of record revenues in the second quarter of 2012, as sales, revenues and profits improved due to stronger sales volumes and price realizations, as well as contributions from recent acquisitions. Profits for the quarter were reported to be $1.7 billion, compared with $1.02 billion in second-quarter 2011.
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