Caterpillar had a strong third quarter result as the management continues to strive to minimize the impact of supply chain difficulties and the inflationary environment. The rising prices of commodities, metals, and oil are bound to benefit the company as they would result in increased mining activity. Also, the recent $1.2 trillion infrastructure bill passed in the U.S. on November 5, 2021 is expected to drive a large scale consumption of Caterpillar’s equipment by infra players. While its Asia ....
21 Dec 2021
Caterpillar Inc: A Major Beneficiary Of The Infrastructure Bill (12/2021)
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Caterpillar Inc: A Major Beneficiary Of The Infrastructure Bill (12/2021)
- Published:
21 Dec 2021 -
Author:
Ishan Majumdar -
Pages:
14
Caterpillar had a strong third quarter result as the management continues to strive to minimize the impact of supply chain difficulties and the inflationary environment. The rising prices of commodities, metals, and oil are bound to benefit the company as they would result in increased mining activity. Also, the recent $1.2 trillion infrastructure bill passed in the U.S. on November 5, 2021 is expected to drive a large scale consumption of Caterpillar’s equipment by infra players. While its Asia ....