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Caterpillar, Inc. engages in the manufacture of construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives. It operates through the following segments: Construction Industries, Resource Industries, Energy and Transportation, Financial Products, and All Other. Read More The Construction Industries segment supports customers using machinery in infrastructure and building construction applications. The Resource Industries segment is responsible for supporting customers using machinery in mining and quarrying applications and it includes business strategy, product design, product management and development, manufacturing, marketing and sales and product support. The Energy and Transportation segment supports customers in oil and gas, power generation, marine, rail, and industrial applications. The Financial Products segment offers a range of financing alternatives to customers and dealers for caterpillar machinery and engines, solar gas turbines, as well as other equipment and marine vessels. The All Other segment include activities such as the business strategy, product management and development, and manufacturing of filters and fluids, undercarriage, tires and rims, engaging tools, and fluid transfers. The company was founded on April 15, 1925 and is headquartered in Deerfield, IL.
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Why Caterpillar's Stock Is Trading Higher Today
Caterpillar Inc. (NYSE: CAT) shares are trading higher. Citigroup maintained its Buy rating on the stock and lowered the price target from $130 to $125. The st
Caterpillar says it will not give annual salary increases this year
FILE PHOTO: FILE PHOTO: Caterpillar logo is seen./File Photo CHICAGO (Reuters) - Caterpillar Inc (CAT.N) on Tuesday said it will not hand out annual salary inc
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