Caterpillar Rides Rough Terrain in Third-Quarter 2013 as Mining Markets Prove Weak, Cuts Outlook for Sales, Capex

SUGAR LAND--October 24, 2013--Researched by Industrial Info Resources (Sugar Land, Texas)--Heavy machinery manufacturer Caterpillar Incorporated (NYSE:CAT) (Peoria, Illinois) reported a sharp overall decline in third-quarter 2013, as conditions in the company's mining markets failed to improve and dealers cut back on inventories. Industrial Info is tracking $172 million in active projects involving Caterpillar.