Latest News
- Manufacturing Output up in the First Quarter of 2012
- BTD Employees Receive Fundamentals of Oil Analysis Training
- BTD Celebrates Employee Aniversaries in April
- BTD Receives Safety Award of Merit from the Fabricators & Manufacturers Association
- Multiple Sectors of Manufacturing are Showing Growth
- BTD Continues to Hire in February
- Lakeville South Continues in the State Hockey Tournament
- BTD Employees Receive Training in Manufacturing and Beyond
- Washington, Illinois Facility Adds New Equipment
- BTD Continues to Hire in the New Year
News Archives
Caterpillar Posts Excellent Fourth Quarter and Predicts Further Gains
Jan 30, 2012
Caterpillar recently posted their fourth quarter results, which saw net income climb 60%. This exceeded estimates made by analysts, and was the 11th time in the last 12 quarters that the company did so. Amid the success, Caterpillar estimates that the global economy will grow 3.3% in 2012, an improvement from last year, and suggests that Wall Street projections for 2011 were too conservative. Acquisitions such as Bucyrus International Inc., a mining equipment company, have helped the company grow, particularly with the increased demand for commodities like gold, copper and coal.
