Caterpillar Reports Strong Third-Quarter Earnings, Big Worldwide Job Growth

Caterpillar is growing, and not only in South Milwaukee.

The company reported a 44 percent increase in profit this week for the third quarter and said it created 4,800 jobs worldwide during the period.

Check out The Business Journal story here. Also check out coverage from the New York Times, Wall Street Journal and Business Week.

From the Times piece:

Caterpillar executives said they expected that momentum to carry into next year, with sales rising up to 20 percent above the $58 billion in sales it expects to have this year.

“We’re having a great year in 2011, and 2012 is shaping up to be better,” said Douglas R. Oberhelman, Caterpillar’s chief executive.

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