Wednesday, September 28, 2005

Cat flexes its muscles

It may not be turning into a butterfly, but Caterpillar is flexing its muscles. The company said unprecedented demand for mining equipment has prompted the company to "significantly increase production" and launch a new type of haul truck. The company expects to deliver the first group of the 793D trucks to its customers in October. There are those that say, "As Caterpillar goes, so goes the industry," so an increase in production is indeed a strong signal. Your comment?