The company is engaged in construction & mining equipment, diesel & natural gas engines and industrial gas turbines in its size range. It operates in 3 principal lines of business: Machinery, Engines and Financial Products.
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Global (China) business will help in short term, but I think if & when the US economy really picks up that CAT will se a huge growth over the next 3 to 5 years. I'm in with a small position at $26.40 so I'm feeling pretty good already, just wish I had bought more.