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Essay heading: Construction Equipment Industry
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Business |
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| Date added: |
July 14, 2008 |
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5 / 1231 |
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More specifically, the construction and mining products division had over a 13 percent increase since 2005. The substantial growth in revenue can be attributed to its global markets, including: Asia, Latin America, Ireland, and Germany; “Caterpillar exported more than $12.676 billion worth of its machinery and engines from the United States in 2007, a 20 percent increase from 2006 exports of $10...
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At the same time, revenues from domestic markets increased 7 percent. Originally incorporated in 1925, the company has over 3,500 locations worldwide, and over 100,000 employees.
The second-largest construction equipment company in the world is the Tokyo based company, Komatsu International Ltd. Its American subsidiary, based in Indiana, is a strong performer in the North American market for construction and mining equipment...
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