Industry News




01/26/2012

Recession? Caterpillar reports record sales and profits for 2011

 
Caterpillar reports record sales and profits in 2011.

While many industry veterans continue to ride out the recession, Caterpillar Inc. has posted a record increase in sales and revenues for 2011 – Their largest percentage increase in any year since 1947.  Caterpillar has stated a figure of $60.138 billion, an increase of 41% from $42.588 billion in 2010. 

How did they do it?  The percentage increase was largely driven by demand for products and services outside the United States.

"Our strategy is squarely focused on customers, and in 2011 our employees, suppliers and dealers delivered.  We improved product quality, invested significantly in manufacturing capacity and product development, and improved our market position.  We completed two large acquisitions—Bucyrus and Motoren-Werke Mannheim Holding GmbH (MWM)—in important growth industries that are a great strategic fit and provide our customers an even broader range of products," says Caterpillar Chairman and Chief Executive Officer Doug Oberhelman.

Construction Industries

In most developed countries, sales increased significantly despite relatively weak construction activity.  The improvement in sales was largely driven by the need for customers to upgrade machine fleets by replacing older equipment and from dealers refreshing equipment in their rental fleets. 

Despite the increase from a year ago, sales of new machines to customers in developed countries remain significantly below previous peak levels.  The size of rental fleets increased slightly from post-recession lows, but the average age remained historically high.

 

Xcel Energy’s Data Center Efficiency program can help data centers and large-scale IT operations improve reliability and energy efficiency.


Visit our website today to learn about the design flexibility of a Morton building and the endless possibilities of partnering with our designBUILD team.


Wood construction is both cost and energy efficient. Check out Morton Buildings and our designBUILD team online today to discover all the benefits of post-frame construction.

When choosing a metal-clad building for your next construction project, consider Morton Buildings, Inc., and their designBUILD team, we’ll make your dream a reality. 

We Can Help You Reduce Energy by 30%

Our mission is to help our customers manage their buildings' energy costs, improve reliability, and enhance performance while having a positive impact on the environment.
CLICK HERE to find out how.

Xcel Energy’s Data Center Efficiency program can help data centers and large-scale IT operations improve reliability and energy efficiency.


Visit our website today to learn about the design flexibility of a Morton building and the endless possibilities of partnering with our designBUILD team.


Wood construction is both cost and energy efficient. Check out Morton Buildings and our designBUILD team online today to discover all the benefits of post-frame construction.

When choosing a metal-clad building for your next construction project, consider Morton Buildings, Inc., and their designBUILD team, we’ll make your dream a reality. 

We Can Help You Reduce Energy by 30%

Our mission is to help our customers manage their buildings' energy costs, improve reliability, and enhance performance while having a positive impact on the environment.
CLICK HERE to find out how.


 
comments powered by Disqus
08/03/2015

LED, smart control adoption will help FMs meet energy goals.

07/31/2015

Guidelines will apply to all in-patient settings.

07/30/2015

Commercial and industrial customers find value in retail power choices.

07/29/2015

Survey shows large increase in EMS usage.

07/28/2015

Remediating abandoned facilities shown to improve surrounding area.

07/27/2015

Survey shows pests can decrease perceived value of hospitality facilities.

07/24/2015

Nearly 25% of workers don’t know proper safety procedures for emergency situations.

07/23/2015

Better Buildings Challenge to help FMs replace troffer fixtures for efficiency improvements.

07/22/2015

Environmentally friendly buildings can improve occupant wellbeing. 

07/21/2015

Performance ratings now available for thermal, weather, and air barriers.

07/20/2015

Survey finds over half of employees are frequently unhappy with office temperature.

07/17/2015

State stays on track to achieve greenhouse gas reduction target.

07/16/2015

Lighting, acoustics rated as top concerns.

07/15/2015

Study shows health risks to long periods of standing.

07/14/2015

Social media giant selects wind energy.

07/13/2015

Global capacity increases to 1,712 GW.

07/10/2015

Mass killings may inspire similar acts of violence.

07/09/2015

Regulation will reduce waste, improve use of sustainable products.

07/08/2015

Alternative certification path to improve sustainability in California buildings.

07/07/2015

Development could improve solar capacity, storage.

Page 1 of 55
FirstPrevious[1]2345678910NextLast

Sponsored Links