Caterpillar Inc. announced first-quarter 2022 sales and revenues of $13.6 billion, a 14% increase compared with $11.9 billion in the first quarter of 2021. The increase was primarily due to higher sales volume, driven by higher end-user demand for equipment and services and the impact from changes in dealer inventories, as well as favorable price realization. Dealers increased inventories more…
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Mineral Commodity Summaries
Snapshots For The Crushed Stone, Construction Sand And Gravel, Industrial Sand, Cement, Lime And Gypsum Markets. Each mineral commodity chapter of the 2021 edition of the U.S. Geological Survey (USGS) Mineral Commodity Summaries (MCS) includes information on events, trends and issues for each mineral commodity. The MCS is the earliest comprehensive source of 2020 mineral production data for the world.…
Read MoreHere Comes the Big One
ConExpo-Con/Agg is the international gathering place every three years for the construction industries, with a focus on construction, aggregates and ready mixed concrete. The event features exhibits of the latest technologies and innovations in equipment, products and services plus extensive industry-targeted education. Dates and Location Held every three years, the next ConExpo-Con/Agg is set for Tuesday, March 7 through Saturday,…
Read MoreIronDirect Debuts Online Buying Platform for Heavy Equipment
At a special media event in Asheville, N.C., attended by Rock Products, IronDirect unveiled its brand and business model to the aggregates, mining and construction industries. IronDirect is “a first-of-its-kind platform for buyers of heavy construction equipment and parts,” according to the company, and can “reduce equipment costs by up to 50 percent.”
Read MorePellette Appointed Cat Group President
Caterpillar’s Board of Directors has elected Tom Pellette, currently a Caterpillar vice president and the president of Solar Turbines Inc., a wholly owned subsidiary of Caterpillar Inc., as group president with responsibility for Construction Industries, replacing Ed Rapp, who will now take over responsibility for Resource Industries. “During his more than two decades with Solar, Tom has held senior leadership…
Read MoreGovernment Shutdown Frustrating, Bad
Well, the rest of the country is learning what the aggregates and construction industries already know only too well. When Congress drags its feet, or fails altogether to get something done, it is frustrating, maddening, and ultimately bad for the economy.
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