October 21, 2009
Caterpillar is counting on Asian customers to buy more of its mining and construction equipment next year, helping the company move beyond a recession that slammed its third-quarter earnings.
Deliveries of the company's yellow-and-black machinery rose in China, one of the company's rare wins last quarter. The Peoria, Ill., manufacturer, which generates almost 70 percent of its sales overseas, wants its dealers prepared if that rebound speeds up.
. . .