Caterpillar's revenues for the first quarter of the year were up +23% on the same period last year to US$ 15.98 billion. The company also achieved a record net profit for the first quarter, which at US$ 1.59 billion, was +29% higher than the first three months of 2011. The company said just over…
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Terex Corp said it will accelerate the development of its business in developing markets such as Russia, Brazil, India and China through local production for local markets and by using its "entrepreneurial" spirit. Steve Filipov, president of developing markets and strategic accounts, said the…
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