Saturday, November 5, 2011

Caterpillar Expanding Russian Unit

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tdp2664 E money daily Caterpillar (NYSE:CAT) has decided to expand their Russian manufacturing unit. Caterpillar Expanding Russian Unit The Illinois based world’s largest manufacturer of construction and mining equipment, diesel and natural gas engines and industrial gas turbines, Caterpillar (NYSE:CAT), has decided to expand their Russian manufacturing unit located in Tosno. Caterpillar (NYSE:CAT) has reported that the surging demand for mining and quarry equipment in Russia and the Commonwealth of Independent States led them to the expansion. It is also reported that Caterpillar (NYSE:CAT) is to hire 100 more employees in the plant. Caterpillar Inc. (NYSE:CAT) shares are currently standing at 96. Price History Last Price: 96 52 Week Low / High: 67.54 / 116.55 50 Day Moving Average: 83.97 6 Month Price Change %: -12.2% 12 Month Price Change %: 20.2%



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