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Caterpillar Inc (NYSE:CAT) is a manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. Caterpillar Inc achieved its new 52 week high price of $116.95 where it was opened at $116.29 down -0.20 points or -0.17% by closing at $116.00.

Caterpillar Inc. (CAT) has completed its acquisition of Bucyrus International, Inc., which makes surface mining equipment used for coal, copper, iron ore, oil sands and other minerals

The purchase of Bucyrus is a great strategic acquisition for CAT, which expects demand to remain strong for mining equipment because of growth in the developing world.

Caterpillar Inc. (NYSE:CAT)

For the past several months, Caterpillar has evaluated the best approach for branding legacy Bucyrus products. They sought input from dealers, customers, the leadership of Bucyrus and outside industry and branding experts. The conclusion was a single brand— Caterpillar— for their mining products.

Caterpillar Inc. (NYSE:CAT) recently reported its first-ever renminbi (RMB)-denominated medium term note issuance. The issuance was conducted in Hong Kong for institutional investors and totaled 1 billion RMB (approximately USD $150 million equivalent) at a coupon rate of 2.00%, maturing in December 2012.

Caterpillar Inc. (NYSE:CAT) announced recently that the company’s multi-functional research & development center in Wuxi, Jiangsu Province, has been awarded Gold certification for Leadership in Energy and Environmental Design in the new construction category.

Caterpillar Inc. (NYSE:CAT) reported stronger-than-expected quarterly earnings on Thursday and raised its full-year forecast, citing especially strong demand for its construction and mining equipment in the developing world.

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