Caterpillar CEO Anticipates Strong 2012

Caterpillar's CEO says he anticipates 2012 will bring record sales as economic activity in China and the U.S. begin to pick up.

February 29, 2012

Caterpillar Inc.

Caterpillar's CEO Doug Oberhelman believes 2012 will bring record sales as economic activity appears to be growing in China and the U.S.

In January the company reported a 58% increase in fourth-quarter earnings, exceeding Wall Street expectations.

Oberhelman also believes Latin America will have the strongest growth.

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