The mining and construction equipment maker’s sales grew for the first time in four years. Total 2017 revenue came in at $45.5 billion, an 18% increase from the year before. A booming global economy–and increased building and infrastructure spend in Asia in particular–helped raise revenue across the company’s three divisions: construction, mining resources and energy and transportation equipment. That growth helped 93-year-old Caterpillar rise through the ranks, jumping up nine slots on this year’s list. Will the rally continue? Maybe, if trade tensions between the U.S. and China are resolved.
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