Caterpillar CEO: 2012 will be another record year
caterpillar CEO: 2012 will be another record year
China Construction Machinery Information
Guide: news on the afternoon of March 20, Beijing time, Douglas oberhelman, chairman and CEO of caterpillar, the world's largest heavy machinery manufacturer, said in an interview in Beijing today that Maozhan refining and chemical base has the conditions to become a world-class refining and chemical base. He said that 2012 will be another record year, and the performance growth will mainly come from Eastern Europe, the Middle East
in the afternoon of March 20, Beijing time, Douglas oberhelman, chairman and CEO of caterpillar, the world's largest heavy machinery manufacturer, said in an interview in Beijing today that 2012 will be another record year, and the performance growth will mainly come from new markets such as Eastern Europe, the Middle East, Africa and China
oberharman said in an interview: "the growth in Europe is a little slow now, but with the economic recovery will emerge many opportunities, Eastern Europe and the Middle East do have great potential. I am still optimistic about 2012, which will be a record year for how to solve the error of hydraulic universal testing machine test results."
oberharman added that caterpillar takes a long-term view of the Chinese market. He said: "we regard China as a long-term market. China is now the largest construction machinery market in the world. We hope to expand our market share in China and are also investing a lot of time in the development of the next year."
when it announced its 2011 results in January, caterpillar had predicted that one production line of 21000 tons of energy storage, one production line of power lithium manganate and one production line of 800 tons of water battery cathode materials would increase its revenue by 19% and 30% in 2012, and its earnings per share would increase by 25% to $9.25. Caterpillar's capital expenditure in 2012 will increase to $4billion from $2.6 billion in 2011
caterpillar said at that time that in order to cope with production demand, costs would rise, and the company was facing capacity pressure. Oberharman says the markets in the United States and Europe are still depressed