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.
Looking for leads, investment insights, or competitive intelligence?
News about Caterpillar
A government newspaper targeted Apple earlier this month.
The deals could be valued as much as $250 billion, though many are non-binding. Here's the list.
3D Robotic's construction software for drones now works with DJI drones.
It's a good day for the world's largest construction and mining equipment maker.