Caterpillar Pares Outlook for 2015 Amid Weak Oil, Mining Commodity Prices, Keeps Capex Projection at $1.6 Billion

SUGAR LAND--January 28, 2015--Researched by Industrial Info Resources (Sugar Land, Texas)--Heavy machinery manufacturer Caterpillar Incorporated (NYSE:CAT) (Peoria, Illinois) took a big hit from tumbling commodity prices late in 2014, and has accordingly trimmed its outlook for this year. The company is a major equipment supplier in the Oil & Gas Industry, but similar problems were seen in the Metals & Mining Industry. Industrial Info is tracking $59 million in active projects involving Caterpillar.

Within this article: Details on Caterpillar's quarter and active projects, including the addition of a unit at a landfill gas power plant in Chile.